<h1>RBI Report Suggests Measures to Moderate Gold Imports, Enhance Gold Loan NBFCs, and Promote Gold Recycling for Economic Stability.</h1> The Reserve Bank of India (RBI) has published the final report of its Working Group on gold imports and gold loan non-banking finance companies (NBFCs). The report emphasizes moderating gold import demand to address the current account deficit, suggesting fiscal measures, better documentation, and innovative financial instruments like inflation-indexed bonds. It recommends recycling domestic scrap gold and expanding monetization of idle gold. The report also calls for continuous monitoring of gold loan NBFCs' growth, reducing their reliance on bank borrowings, and improving transparency and customer grievance mechanisms. The RBI will review these recommendations to ensure sector stability and growth.