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Core Purpose

Public Notice amending Appendix 4B of the Handbook of Procedures, 2023 to update the list of banks authorised by the Reserve Bank of India to import gold and silver for FY 2023-24.

Detailed Summary

The Directorate General of Foreign Trade, Ministry of Commerce and Industry (Department of Commerce), via Public Notice No. 28/2023 dated 18th August 2023 (F. No. 01/94/180/261/AM18/PC-4), exercising powers under paragraphs 1.03 and 2.04 of the Foreign Trade Policy (FTP), 2023, amends Part A and Part B of Appendix 4B of the Handbook of Procedures, 2023 by updating the lists of banks authorised by the Reserve Bank of India to import gold and silver for FY 2023-24 (valid up to March 31, 2024): Part A lists 15 banks authorised to import both gold and silver, including Axis Bank Limited, Bank of India, Federal Bank Limited, HDFC Bank Limited, Industrial and Commercial Bank of China Limited, ICICI Bank Limited, IndusInd Bank Limited, Indian Overseas Bank, Kotak Mahindra Bank Limited, Karur Vysya Bank Limited, Punjab National Bank, RBL Bank Limited, State Bank of India, Union Bank of India and Yes Bank Limited, while Part B lists Bank of Baroda as authorised to import gold only; the notice is signed by Santosh Kumar Sarangi, Director General of Foreign Trade and Ex-officio Additional Secretary.

Full Text

EXTRAORDINARY PART I—Section 1 PUBLISHED BY AUTHORITY le;≤ ij ;Fkk la'kksf/kr fons' k O;kikj uhfr ¼,QVhih½] 2023 ds iSjk 1 -03 vkSj 2 -04 ds rgr iznÙk 'kfDr;ksa dk Ikz;ksx djrs gq,] egkfuns' kd] fons'k O;kikj ,rn~}kjk izfØ;k iqLrd] 2023 ds ifjf 'k’V 4[k ds rgr Hkkx d vkSj [k esa fuEufyf[kr la'kks/ku djrs gSa% d- foÙkh; o’kZ 2023&24 ds fy, lksuk vkSj pkanh] nksuksa ds vk;kr gsrq Hkkjrh; fjt+oZ cSad }kjk izkf/k —r cSadkas dh lwph] 31 ekpZ 2024 rd oS/kA 1. ,fDll cSad fyfeVsM 2. cSad vkWQ bafM;k No. 201] NEW DELHI, FRIDAY , AUGUST 18, 2023/SHRAVANA 27, 194 5 CG-DL-E-18082023-248179 4. ,pMh,Qlh cSad fyfeVsM 5. bUMfLVª;y ,aM def'kZ;y cSad vkWQ pkbuk fyfeVsM 6. vkbZlhvkbZlhvkbZ cSad fyfeVsM 7. baMlbaM cSad fyfeVsM 8. bafM;u vksojlht+ cSad 9. dksVd efgUnzk cSad fyfeVsM 10. d:j oS'; cSad fyfeVsM 11. iatkc us'kuy cSad 12. vkjch,y cSad fyfeVsM 13. Hkkjrh; LVsV cSad 14. ;wfu;u cSad vkWQ bafM;k 15. ;l cSad fyfeVsM [k- fofÙk; o’kZ 2023&24 ds fy, dsoy lksus ds vk;kr gsrq Hkkjrh; fjt+oZ cSad }kjk izkf/k —r cSadksa dh lwph] 31 ekpZ 2024 rd oS/kA 1. cSad vkWQ cM+kSnk izfØ;k iqLrd] 2023 ds ifjf 'k’V 4[k ds rgr lksus@pkanh ds vk;kr gsrq izkf/k—r cSadksa dh lwph dks v|frr fd;k x;k gSA larks"k dqekj lkjaxh ] egkfuns'kd fons'k O;kikj ,oa insu vij lfpo MINISTRY OF COMMERCE AND INDUSTRY (Department of Co mmerce ) (DIRECTORATE GENERAL OF FOREIGN TRADE ) PUBLIC NOTICE New Delhi, the 18th August, 2023 No. 28/2023 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 RESER VE BANK OF INDIA TO IMPORT BOTH GOLD AND SILVER FOR FY 2023 -24 VALID UPTO MARCH 31,2024 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. Indian Overseas Bank 9. Kotak Mahindra Bank Limited 10. Karur Vysya Bank Limited 11. Punjab National Bank 12. RBL Bank Limited 13. State Bank of India 14. Union Bank of India 15. Yes Bank Limited B. LIST OF BANKS AUTHORISED BY RESERVE BANK OF INDIA TO IMPORT ONLY GOLD FOR FY 2023 -24 VALID UPTO MARCH 31,2024 1. Bank of Baroda Effect of this Public Notice : List of banks authorised 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 Add l. Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi -110064 and Published by the Controller of Publications, Delhi -110054.

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