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of <h1>India Updates Authorized Bank List for Gold & Silver Imports in Appendix 4B for 2023-24 Fiscal Year.</h1> The Directorate General of Foreign Trade, under the Ministry of Commerce & Industry, has amended Appendix 4B of the Handbook of Procedures, 2023. This amendment updates the list of banks authorized by the Reserve Bank of India to import gold and silver for the fiscal year 2023-24, effective from April 1, 2023, to March 31, 2024. The list includes multiple banks authorized to import both gold and silver, while one bank is authorized to import only gold. This update ensures compliance with the Foreign Trade Policy, 2023.
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