The DGFT has introduced key changes in Part A and B under Appendix 4B of the Handbook of Procedure, 2023, updating the list of banks authorised to import gold/silver.
Saloni Kumari | Apr 17, 2026 |
Government permits 15 banks to import gold and silver [Read Notification]
The Directorate General of Foreign Trade (DGFT) under the Ministry of Commerce and Industry, Department of Commerce, Government of India, has issued a Public Notice dated April 17, 2025, notifying changes in Appendix 4B of the Handbook of Procedures, 2023.
The DGFT has introduced some significant amendments in Part A and B under Appendix 4B of the Handbook of Procedure, 2023, in pursuance of its powers granted under paragraphs 1.03 and 2.04 of the Foreign Trade Policy (FTP) 2023. Below is the detailed list of the introduced changes:
The following is the list of banks authorised by the Reserve Bank of India (RBI) to import both gold and silver with effect from FY 2025-26 to 2028-29 (from April 01, 2025, and valid upto March 31, 2029):
| Sr No. | Name of Bank |
| 1 | Axis Bank Limited |
| 2 | Bank of India |
| 3 | Deutsche Bank |
| 4 | Federal Bank Limited |
| 5 | HDFC Bank Limited |
| 6 | Industrial and Commercial Bank of China Limited |
| 7 | ICICI Bank Limited |
| 8 | IndusInd Bank Limited |
| 9 | Indian Overseas Bank |
| 10 | Kotak Mahindra Bank Limited |
| 11 | Karur Vysya Bank Limited |
| 12 | Punjab National Bank |
| 13 | RBL Bank Limited |
| 14 | State Bank of India |
| 15 | Yes Bank Limited |
The following is the list of banks authorised by the Reserve Bank of India (RBI) to import only gold with effect from FY 2026-27 to 2029-30 (April 01, 2026, and valid upto March 31, 2029):
| Sr No. | Name of Bank |
| 1 | Union Bank of India |
| 2 | SBER Bank |
Refer to the public notice for complete information.
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