DGFT updates list of Banks authorized by the RBI to import Gold and Silver
DGFT amends Appendix 4B of Handbook of Procedures, 2023 by updating the list of banks authorized by the Reserve Bank of India to import Gold and Silver as shown in the tables below:
A. List of Banks Authorized by the Reserve Bank of India to import both Gold and Silver for the Financial Year 2024-2025 w.e.f. 1st April, 2024 and valid upto 31st March, 2025.
|
SR NO. |
Name of Bank |
|
1 |
Axis Bank Limited |
|
2 |
Federal Bank Limited |
|
3 |
HDFC Bank Limited |
|
4 |
Industrial and Commercial Bank of China Limited |
|
5 |
ICICI Bank Limited |
|
6 |
IndusInd Bank Limited |
|
7 |
Kotak Mahindra Bank Limited |
|
8 |
Karur Vyasa Bank Limited |
|
9 |
RBL Bank Limited |
|
10 |
State Bank of India |
|
11 |
Yes Bank Limited |
B. List of Banks Authorized by the Reserve Bank of India to import only Gold for the Financial Year 2024-2025 w.e.f. 1st April, 2024 and valid upto 31st March, 2025.
|
SR NO. |
Name of Bank |
|
1 |
Indian Overseas Bank |
|
2 |
Punjab National Bank |
|
3 |
Union Bank of India |
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