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<h1>Gold Loan Guidelines Protect Small Borrowers, Ensure Financial Safety for Vulnerable Populations Under Rs. 2 Lakh</h1> The Chief Minister of Tamil Nadu expressed satisfaction with the Union government's response to concerns about the Reserve Bank of India's draft guidelines on gold loan lending. He emphasized the importance of protecting small borrowers, particularly those seeking loans under Rs. 2 lakh, such as farmers and daily wage workers. The Chief Minister advocated for prior consultation with states when developing policies that significantly impact vulnerable populations, highlighting the cultural and economic significance of gold as a financial safety net for low-income families.