The RBI has also eased lending restrictions for businesses that depend on gold as a raw material. However, a carve-out has been allowed for Scheduled Commercial Banks (SCBs) for granting working capital loans to jewellers," the statement said. Regarding business loans, banks could previously revise the spread linked to a borrower’s credit risk only once every three years. The RBI's direction mandated the submission of credit information by Credit Institutions (CIs) to Credit Information Companies (CICs) at fortnightly or shorter intervals. The RBI has now proposed to transition to weekly credit information submission by CIs to CICs.