Gold loans guidelines: FinMin urges RBI to take time on new rules implementation; Muthoot Fin, Manappuram shares rise

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The Finance Ministry suggests changes to the Reserve Bank of India's gold loan rules. These revisions include delaying the implementation. The ministry wants to protect small borrowers. Loans under Rs 2 lakh may get an exemption. The ministry also proposes a later start date of January 1, 2026. The RBI is now reviewing all feedback before finalizing the guidelines.