**Executive Summary**
This Public Notice (No. 40/2025-26), issued by the Directorate General of Foreign Trade, amends Appendix 4B of the Handbook of Procedures, 2023, concerning the list of banks authorized to import gold. The amendment is effective from April 1, 2025, to March 31, 2026. The notice includes SBER Bank in the list of authorized banks, effective from June 25, 2025, to March 31, 2026, and specifies restrictions on their import permissions.
**Key Points / Main Content**
* **Amendment Overview:**
* Appendix 4B of the Handbook of Procedures, 2023, is amended.
* **Authorized Banks for Gold Import (FY 2025-26):**
* The Reserve Bank of India has authorized specific banks to import only gold for Fiscal Year 2025-26.
* The authorization is valid from April 1, 2025, to March 31, 2026.
* The following banks are authorized:
* Indian Overseas Bank
* Union Bank of India
* SBER Bank
* **SBER Bank Authorization Details:**
* SBER Bank's authorization is effective from June 25, 2025, to March 31, 2026.
* SBER Bank is authorized to import gold only for domestic consumption.
**Impact Analysis**
**Stakeholder: Indian Overseas Bank and Union Bank of India**
* **Impact:** They are included in the list of banks authorized to import gold for FY 2025-26.
* **Action Required:** Continue importing gold within the regulations and timelines.
**Stakeholder: SBER Bank**
* **Impact:** SBER Bank is newly added to the list of banks authorized to import gold, but with specific restrictions.
* **Action Required:** SBER Bank must adhere to the specific authorization period (June 25, 2025 to March 31, 2026) and only import gold for domestic consumption.
**Stakeholder: Directorate General of Foreign Trade**
* **Impact:** Responsible for implementing and enforcing the changes to Appendix 4B.
* **Action Required:** Ensure effective dissemination of the public notice and monitor compliance.
**Stakeholder: Reserve Bank of India**
* **Impact:** Responsible for ensuring all banks authorised for gold import comply with their regulations.
* **Action Required:** Monitor import and enforce regulations.
Key Entities Referenced
Foreign Trade Policy, 2023: The overarching policy that grants powers exercised in this notification.
Handbook of Procedures, 2023: The manual being amended by this public notice, specifically Appendix 4B.
Directorate General of Foreign Trade: The organization issuing the public notice and responsible for foreign trade regulations.
Reserve Bank of India: The entity that authorizes banks to import gold, as referenced in the notice.
New Delhi: Location of the notification issuance and relevant ministry.
रजिस्ट्री स.ं डी.एल.- 33004/99 REGD. No. D. L.-33004/99
सी.जी.-डी.एल.-अ.-22122025-268739
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CG-DL-E-22122025-268739
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असाधारण
EXTRAORDINARY
भाग I—खण्ड 1
PART I—Section 1
प्राजधकार स ेप्रकाजित
PUBLISHED BY AUTHORITY
स.ं 372] िई ददल्ली, सोमवार, ददसम्ब र 22, 2025/पौष 1, 1947
No. 372] NEW DELHI, MONDAY, DECEMBER 22, 2025/PAUSHA 1, 1947
वाजणज्य एव ंउद्योग मत्रं ालय
(वाजणज्य जवभाग)
(जवदिे व्यापार महाजिदिे ालय)
साविव जिक सचू िा
िई ददल्ली 19 ददसम्बर, 2025
स.ं 40/2025-26
जवषयः प्रदिया पुजस्ट्तक, 2023 के पररजिष्ट 4 ख में संिोधि के संबंध में।
फा. स.ं 01/94/180/261/एएम18/पीसी-4.—समय-समय पर यथा संिोजधत जवदेि व्यापार िीजत, 2023 के
पैरा 1.03 और 2.04 के अन् तगवत प्रदत्त िजियों का प्रयोग करते हुए महाजिदेिक जवदेि व् यापार एतद्द्वारा प्रदिया पुस्ट्त क,
2023 के पररजिष्ट 4ख के अंतगवत भाग ख म ें जिम्ि ािुसार संिोधि करते ह:ैं
ख) ददिांक 01.04.2025 स े ददिांक 31.03.2026 तक वैध, जवत्त वषव 2025-26 के जलए केवल सोिा आयात करि े
हते ु भारतीय ररिवव बैंक द्वारा अजधकृत बैंकों की सूची।
िम संख्य ा बैंक का िाम
1 इंजडयि ओवरसीि बैंक
2 यूजियि बैंक ऑफ इंजडया
3 एसबीईआर बकैं *
8599 GI/2025 (1)2 THE GAZETTE OF INDIA : EXTRAORDINARY [PART I—SEC.1]
(* - जसफव घरेलू उपयोग के जलए आयात अिुमत ह,ै और यह 25.06.2025 से 31.03.2026 तक अजधकृत ह)ै
इस साविव जिक सचू िा का प्रभाव:
प्रदिया पुस्ट् तक, 2023 के पररजिष्ट 4ख के भाग ख के अन्त गतव ददिांक 25.06.2025 से 31.03.2026 तक एसबीईआर
बैंक का िाम केवल सोिा आयात करिे के जलए अजधकृत बैंकों की सूची में िाजमल दकया गया ह।ै
अिय भाद ू, पदेि अपर सजचव जवदेि व्यापार एवं मािव संसाधि महाजिदेिक
MINISTRY OF COMMERCE AND INDUSTRY
(Department of Commerce)
(DIRECTORATE GENERAL OF FOREIGN TRADE)
PUBLIC NOTICE
New Delhi, the 19th December, 2025
No. 40/2025-26
Subject: Amendment in Appendix 4B of Handbook of Procedures, 2023-reg.
F. No. 01/94/180/261/AM18/PC-4.—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 B under Appendix 4B of Handbook of Procedure, 2023:
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
3 SBER Bank*
(* - Import allowed for domestic consumption only, and the authorisation is w.e.f. 25.06.2025 till 31.03.2026)
Effect of this Public Notice:
The name of SBER Bank has been included in the list of banks authorized to import only gold applicable w.e.f.
25.06.2025 till 31.03.2026 under Part B of Appendix 4B of Handbook of Procedures, 2023.
AJAY BHADOO, Director General of Foreign Trade & Ex-officio Addl. Secy.
Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064
and Published by the Controller of Publications, Delhi-110054.