Shares of gold loan companies surged after Reserve Bank of India Governor Sanjay Malhotra remarked that loans up to Rs 2.5 lakh against gold would likely be exempted from the upcoming gold loan norms. This announcement follows the Finance Ministry's suggestion to exempt small borrowers from the draft gold loan norms. The Department of Financial Services had recommended exempting borrowers availing loans under Rs 2 lakh. End-use of gold loans would only be monitored when lenders seek the benefit of priority sector lending norms. The new regulations are expected to be released by Monday, Governor Malhotra said in the post MPC meet press conference.Following the RBI Governor's remarks, several gold loan stocks saw significant gains. Muthoot Finance Ltd. shares rose to Rs 2,470, marking a 7.64% increase. IIFL Finance Ltd. also saw a notable rise, with its stock reaching Rs 452.45, a 5.42% increase. Manappuram Finance Ltd.'s stock climbed to Rs 242.65, up by 3.44%. Even Axis Gold ETF experienced a slight increase, with its price reaching Rs 82.63, a 0.41% rise.RBI Monetary Policy Highlights: Sharp Rate Cut, Stance Changed, Inflation Projection Lowered And MoreThe Monetary Policy Committee decided to cut the repo rate by 50 basis points, bringing it down to 5.5%. This reduction aims to stimulate economic activity by making borrowing cheaper for businesses and consumers. In its previous meeting in April 2025, the MPC led by Malhotra had unanimously decided to reduce the repo rate by 25 basis points, reducing it from 6.25% to 6%.The Reserve Bank of India also announced a reduction in the Cash Reserve Ratio by 100 basis points, lowering it from 4% to 3%. This cut will be implemented in four staggered stages and is expected to release primary liquidity of Rs 2.5 lakh crore into the banking system. RBI Monetary Policy Highlights: Sharp Rate Cut, Stance Changed, Inflation Projection Lowered And More. Read more on Markets by NDTV Profit.