The RBI on Tuesday, ruled out a ban on the sale of gold by banks, but asked the lenders to refrain from aggressively selling the precious metal. Talking to reporters on the sidelines of a financial inclusion conference in Pune, RBI Governor D Subbarao, said that they do not want the selling of Gold to become a business, adding that Gold loans are a very small part of the banking business.In a bid to curb demand for gold, the RBI yesterday imposed restrictions on banks and Non-bank financial companies, NBFCs for providing loans against gold coins, as well as units of gold, exchange-traded funds and mutual funds.Saying the route of buying gold for the purpose of genuinely saving should be available to the people, Subbarao emphasised that investment in the financial sector is good for the economy. He also noted that the attractiveness of gold is a consequence of high inflation.Talking about the need for financial inclusion, he said the RBI had a two-fold responsibility as a regulator andpublic policy institution. Subbarao said, it is important to make people understand about the viable alternative avenues of investment, as part of financial inclusion to wean them away from such schemes.