New Delhi, April 18 -- The Directorate General of Foreign Trade (DGFT) under Ministry of Commerce and Industry has issued a notification listing banks authorised to import gold and silver, easing disruptions that had temporarily halted bullion imports due to delays in the annual order.

The notification permits 15 banks, including State Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Yes Bank, to import both gold and silver fr0m April 1, 2026 to March 31, 2029.

Additionally, Union Bank of India and Sberbank have been authorised to import only gold, reported Business Standard.

Disruption Led to Supply Constraints The order updates Appendix 4B of the Handbook of Procedures, 2023, in line with authorisations by the Reserve Ba...