In a post on social media platform X, the Department of Financial Services has openly countered the Reserve Bank of India's draft norms on gold loans. On Friday, the DFS said that it had examined the norms and had sent some suggestions to the regulator on implementation. According to the department, the suggestions are being made to ensure that small value borrowers are not adversely impacted by the rules. Among the suggestions, the government is asking RBI to delay implementation of these norms till Jan. 1, 2026. "...Such guidelines will need time to implement at the field level and hence may be suitable for implementation from 1st January 2026 only," the post read. Draft Directions on Lending Against Gold Collateral issued by the @RBI have been examined by @DFS_India under guidance of Union Minister for Finance and Corporate Affairs Smt. @nsitharaman. @DFS_India has given suggestions to the @RBI to ensure that the requirements of the…— Ministry of Finance (@FinMinIndia) May 30, 2025RBI Balance Sheet Expands 8.2% To Rs 76.25 Lakh Crore In FY25, Says Annual ReportRBI's draft norms, released on April 9, did not include any specific implementation date for these norms. Typically, after the regulator has received due feedback, it releases final norms within a few months of the draft.The government has also said that the RBI may consider excluding small value gold loan borrowers upto Rs 2 lakh from these norms. Moreover, the government reminded the RBI that concerns raised by various stakeholders, as well as feedback from public will be considered before a final set of guidelines are issued. India's Gold Reserves Glitter As RBI's Holdings Jump To Rs 4.3 Lakh Crore | RBI Annual Report. Read more on Economy & Finance by NDTV Profit.