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Core Purpose

Amends Appendix 4B of Handbook of Procedures 2023, updating list of banks authorized for gold and silver import for FY 2025-26.

Detailed Summary

This Public Notice issued by the Directorate General of Foreign Trade, Ministry of Commerce and Industry, amends Appendix 4B of the Handbook of Procedures 2023, updating the list of banks authorized by the Reserve Bank of India to import gold and silver for FY 2025-26, effective 01.04.2025 to 31.03.2026. Part A lists banks authorized for both gold and silver, including Axis Bank, Bank of India, and HDFC Bank. Part B lists banks authorized only for gold, such as Indian Overseas Bank and Union Bank of India. This amendment is issued under the Foreign Trade Policy 2023.

Full Text

REGD. No. D. L.-33004/99 The Gazette of India CG-DL-E-04042025-262281 EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY No. 110] NEW DELHI, THURSDAY, APRIL 3, 2025/CHAITRA 13, 1947 MINISTRY OF COMMERCE AND INDUSTRY (Department of Commerce) (DIRECTORATE GENERAL OF FOREIGN TRADE) PUBLIC NOTICE New Delhi, the 3rd April, 2025 No. 01/2025-26 Subject: Amendment in Appendix 4B of Handbook of Procedures, 2023-reg. F. No. 01/94/180/261/AM18/PC-4.— In exercise of the powers conferred under paragraph 1.03 & 2.04 of the Foreign Trade Policy (FTP), 2023, as amended from time to time, the Director General of Foreign Trade hereby makes the following amendments in Part A and B under Appendix 4B of Handbook of Procedure, 2023: A. LIST OF BANKS AUTHORISED BY RESERVE BANK OF INDIA TO IMPORT BOTH GOLD AND SILVER FOR FY 2025-26 WITH EFFECT FROM 01.04.2025 AND VALID UPTO 31.03.2026. +--------+---------------------------------------------------+ | Sr. No.| Name of bank | +========+===================================================+ | 1 | Axis Bank Limited | +--------+---------------------------------------------------+ | 2 | Bank of India | +--------+---------------------------------------------------+ | 3 | Federal Bank Limited | +--------+---------------------------------------------------+ | 4 | HDFC Bank Limited | +--------+---------------------------------------------------+ | 5 | Industrial and Commercial Bank of China Limited | +--------+---------------------------------------------------+ | 6 | ICICI Bank Limited | +--------+---------------------------------------------------+ | 7 | IndusInd Bank Limited | +--------+---------------------------------------------------+ | 8 | Kotak Mahindra Bank Limited | +--------+---------------------------------------------------+ | 9 | Karur Vysya Bank Limited | +--------+---------------------------------------------------+ | 10 | Punjab National Bank | +--------+---------------------------------------------------+ | 11 | RBL Bank Limited | +--------+---------------------------------------------------+ | 12 | State Bank of India | +--------+---------------------------------------------------+ | 13 | Yes Bank Limited | +--------+---------------------------------------------------+ B. LIST OF BANKS AUTHORISED BY RESERVE BANK OF INDIA TO IMPORT ONLY GOLD FOR FY 2025-26 WITH EFFECT FROM 01.04.2025 AND VALID UPTO 31.03.2026. +--------+-------------------------+ | Sr. No.| Name of bank | +========+=========================+ | 1 | Indian Overseas Bank | +--------+-------------------------+ | 2 | Union Bank of India | +--------+-------------------------+ Effect of this Public Notice: List of banks authorized to import gold/silver under Appendix 4B of Handbook of Procedures, 2023 has been updated. SANTOSH KUMAR SARANGI, Director General of Foreign Trade Ex-officio Addl. Secy.

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