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What's brewing? FinMin seeks gold lending info from banks

Posted on June 8, 2026
By Business News Today
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1 min read

What's brewing? FinMin seeks gold lending info from banks

In a communique to banks on Friday evening, the Department of Financial Services sought data on value and quantity of gold metal loans (GMLs), number of customers, international gold suppliers as well as portfolio size, quantum of collateral and numbers of borrowers, two persons told ET.