Lenders offering gold loans are bracing for margin pressure as tighter underwriting and documentation norms under Reserve Bank of India’s (RBI) revised gold loan framework are expected to raise compliance costs. According to industry experts, some lenders could also see a sharp slowdown in growth due to operational adjustments and stricter renewal rules. Industry players have already begun recalibrating their underwriting, documentation and monitoring practices in line with the revised framework, which took effect from April 1. IIFL Finance, for instance, said it had started aligning its processes ahead of the rollout.