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Directorate General of Foreign Trade (DGFT) Public Notice 01/2025-26 amends Appendix 4B of the Handbook of Procedures, 2023, updating the list of banks authorized by the Reserve Bank of India (RBI) to import gold and/or silver for the financial year 2025-26. The notice, effective from April 1, 2025, to March 31, 2026, details two lists: one for banks authorized to import both gold and silver, including Axis Bank, Bank of India, and State Bank of India, among others; and another for banks authorized to import gold only, comprising Indian Overseas Bank and Union Bank of India. This update, issued under the Foreign Trade Policy, 2023, provides clarity on authorized entities for precious metal imports.

Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi

Public Notice No. 01/2025-26-DGFT | Dated: 3rd April 2025

Subject: Amendment in Appendix 4B of Handbook of Procedures, 2023-reg.

F. No. 01/94/180/261/AM18/PC-4.— I– 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 Additional Secretary to Government of India
E-mail: dgft@nic.in

(Issued from File No. 01/94/180/261/AM18/PC-4)

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