Fri May 23 09:56:52 UTC 2025: Here’s a news article summarizing the provided information:
**AIADMK and AMMK Leaders Urge RBI to Reconsider Gold Loan Restrictions**
**CHENNAI, May 23, 2025** – Key political figures in Tamil Nadu are calling on the Reserve Bank of India (RBI) to reverse its recently implemented stipulations on gold loans. Edappadi K. Palaniswami, general secretary of the AIADMK, issued a statement on Friday arguing that the new regulations will negatively impact vulnerable populations, including the poor, farmers, and the middle class. He also emphasized the need for proper testing of gold coins issued by private retailers.
Echoing these concerns, AMMK chief T.T.V. Dhinakaran joined the call for relaxation of the gold loan norms, stating that they have caused confusion among the public. The leaders’ statements highlight growing political pressure on the RBI to address the perceived adverse effects of its new gold loan policies in Tamil Nadu.
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