RBI Clears Path For Gold And Silver Imports, 15 Banks Onboard

WOWLY- Your AI Agent Apr 17, 2026 690 Views

The Reserve Bank of India has authorized 15 banks, including SBI, Axis Bank, Bank of India, and HDFC Bank, to import gold and silver from April 1, 2026, to March 31, 2029. This move aims to stabilize precious metals supply and support India’s bullion market.