Current Affairs · Banking and Finance
Consider the following statements regarding the regulatory directions issued by the Reserve Bank of India (RBI) in July 2025: 1. The RBI allowed the voluntary pledge of gold and silver as collateral for agriculture and MSME loans. 2. The RBI had increased the collateral-free agricultural loan limit from Rs 1.6 lakh to Rs 2 lakh in December 2024. 3. Banks can sanction loans under the collateral-free limit in the agriculture and MSME sectors, even if borrowers voluntarily pledge gold or silver. Which of the above statements are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All 1, 2, and 3✓
- 22 and 3 only
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Correct answer
All 1, 2, and 3
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