Beginning April 1st 2026, the Reserve Bank of India’s guidelines on lending against gold and silver collateral sets a 10:1 ratio of silver to gold. Yes you heard that right, they are mandating a 10:1 ratio. Meaning your 10 silver ounces will in fact be worth 1 ounce of gold in India. The rest of the world will soon follow. Its happening.
>>61733155>Reserve Bank of India
>>61733165Laugh all you want but it’s just the beginning. What are you going to fud with when it’s the Bank of England or China or the U.S. ?
>>61733155big if true
>>61733165india is a huge economy and they love PMs1:10 GSR is now confirmed
>>61733155Confirmed by Jerusalemhttps://www.jpost.com/business-and-innovation/precious-metals/article-871338
>>61733489um if the jpost is reporting on it, you can believe it's a) real and b) a big deal
This means the real current price of silver is already $560 and climbing.
I will do the needful and make my fortune in India SaarWhere does a white boi even live in India
>>61733489Context matters they are honoring silver 1:10 FOR THE PURPOSE OF COLLATERAL in small loans of up to ~$3000. This is in no way the same as saying they will give you 1oz of gold for 10oz silver. Also if I'm reading this correctly you need a laughable 10kg of silver to collateralize this $3000 loan so they are being giga jewed since current spot on just 1 kg of silver is $3831.
The Reserve Bank of India (RBI) is launching the "Lending Against Gold and Silver Collateral Directions, 2025" on April 1, 2026. The Change: Previously, Indian banks mostly only accepted gold as collateral for small personal/business loans. Starting in April 2026, they are officially allowed to accept silver jewelry and ornaments as well. The Goal: This is designed to help rural families and small businesses get bank loans by using the silver they already own, rather than going to "loan sharks."2. Is there a "10:1 Ratio" mandate?No. There is no official "monetary peg" or price mandate. The RBI is not saying silver is 1/10th the value of gold.The "10:1" number comes from the maximum amount a single person can pledge: You can pledge up to 1 kg of Gold. You can pledge up to 10 kg of Silver.Because 10 is ten times larger than 1, silver "enthusiast" websites are reporting this as a "10:1 Ratio Mandate." In reality, it is just a limit on the total weight of metal a bank can hold in its vault for one person. It has nothing to do with the market price.
>>61733787Well, I'm glad there's some intelligent life on this board.Yes, saying a bank can use 10 computers or 1 car for collateral does NOT mean they are equal.
>>61733734This. They want to get their hands on every bit of silver they can and have no interest in using it for reserve. If a Jeet has a kilo of silver and needs a loan, he can get a tiny loan. Or he can trade it for gold and get a much larger loan. They are doing this so that they can get their hands on more silver. IT IS NOT A 10:1 GSR.
>>61733155>Beginning April 1st 2026, the Reserve Bank of IndiaKeked
>>61733787>chatgtpDisregarded, I trust in OP.
>>61733155Now this is Jeet posting
>>61735097sad, OP wants you to baghold, chatgpt wants you to make it.
