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India Clears 15 Banks to Import Gold Through 2029

India's central government has authorized 15 banks, including SBI, HDFC Bank, Axis Bank, and Bank of India, to import gold and silver from April 1, 2026 through March 31, 2029. The multi-year license window provides import continuity for the country's dominant bullion supply channel, directly affecting domestic pricing

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india-precious-metals

Govt allows SBI, HDFC, Axis Bank & 12 others to import gold, silver until March 2029

India's central government has authorized 15 banks, including SBI, HDFC Bank, Axis Bank, and Bank of India, to import gold and silver from April 1, 2026 through March 31, 2029. The multi-year license window provides import continuity for the country's dominant bullion supply channel, directly affecting domestic pricing

2mo ago · 1 min · Policy & Government

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