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The Economic Times

Economy / The Economic Times

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15 banks get government nod to import gold & silver for 3 years

India has authorized 17 banks to import gold and silver. This authorization is effective for three years from April 1, 2026. The move resolves a customs clearance delay that had stalled shipments. This decision brings relief to importers and ensures smooth trade of precious metals. The new authorization is valid until March 31, 2029.

18 Apr 2026 12:54 am