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The Directorate General of Foreign Trade amends Appendix 4B of the Handbook of Procedures, 2023. The notice updates the list of banks authorised by the Reserve Bank of India to import gold and silver for the financial year 2023-24. Fifteen banks receive authorisation to import both gold and silver. One bank receives authorisation to import only gold. The validity of this list lasts up to March 31, 2024.
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(To Be Published In the Gazette of India Extraordinary Part-I Section-I)
Government of India Ministry of Commerce and Industry Department of Commerce Directorate General of Foreign Trade Vanijya Bhawan, New Delhi
Public Notice No.28/2023 dated the $18^\text{th}$ August, 2023
Subject:- Amendment in Appendix 4B of Handbook of Procedures, 2023-reg.
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 |
|---|
[Image omitted. See the official document.]
Effect of this Public Notice:
List of banks authorised to import gold/silver under Appendix 4B of Handbook of Procedures, 2023 has been updated.
[Image omitted. See the official document.]
(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)
