The DGFT vide Public Notice No. 28/2023 dated August 18, 2023 has issued an updated List of banks authorised to import gold/silver under Appendix 4B of Handbook of Procedures, 2023.
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 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.
The Public Notice can be accessed at: https://www.a2ztaxcorp.com/wp-content/uploads/2023/08/Public-Notice-English.pdf
