Public Notice No. 40/2025-26, dated December 19, 2025, issued by the Directorate General of Foreign Trade, Ministry of Commerce & Industry, amends Part B under Appendix 4B of the Handbook of Procedures, 2023, in accordance with paragraphs 1.03 & 2.04 of the Foreign Trade Policy (FTP), 2023. This notice lists banks authorized by the Reserve Bank of India to import only gold for FY 2025-26, effective from April 1, 2025, and valid up to March 31, 2026. The list includes: 1) Indian Overseas Bank, 2) Union Bank of India, and 3) SBER Bank (import allowed for domestic consumption only, authorisation w.e.f. 25.06.2025 till 31.03.2026). The notice adds SBER Bank to the list of authorized banks to import only gold, applicable from June 25, 2025, to March 31, 2026. Ajay Bhadoo, Director General of Foreign Trade & Ex-officio Additional Secretary to Government of India, is the contact person. The e-mail address is dgft@nic.in. This notice was issued from File No. 01/94/180/261/AM18/PC-4.
Key Entities Referenced
Handbook of Procedures, 2023: A referenced policy document, specifically Appendix 4B of which is being amended regarding authorized banks for gold import.
Foreign Trade Policy (FTP), 2023: The overarching policy under which the Director General of Foreign Trade is exercising power to make amendments.
Directorate General of Foreign Trade: The primary regulatory entity issuing the public notice and amending the specified appendix.
SBER Bank: Bank added to the list of banks authorized to import only gold under specific conditions.
Reserve Bank of India: The Authority authorizing the banks to import Gold.
(To Be Published in the Gazette of India Extraordinary Part-l Section-l)
Government of India
Ministry of Commerce & Industry
Department of Commerce
Directorate General of Foreign Trade
Vanijya Bhawan, New Delhi
Public Notice No.4ol 2025-26
Dated $ December,2025
Subject: Amendment in Appendix 4B of Handbook of Procedures,2023-reg.
In exercise of the powers conferred under paragraphs I .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 48 of Handbook of Procedwe,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.
No.
Sr. Nurn" of bank
llndian Overseas Bank
1
2 lUnio,., Bank of India
3 lsnrn Bank*
(* Import allowed for domestic consumption only, and the authorisation is w.e.f. 25.06.2025 till
3r.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 til131.03.2026 under Part B of Appendix 48 of Handbook of Procedures,2023.
(Aj"-kil;
Director General of Foreign Trade &
Ex-officio Additional Secretary to Government of India
E-mail: dgft@nic.in
(Issued from File No. 01/94l1 801261 I AMI8/PC-4)