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15 banks cleared to import gold and silver for three years starting 2026

Economy
Published on 24 April 2026
15 banks cleared to import gold and silver for three years starting 2026

Customs delays are finally being cleared—shipment timing changes

India has authorized 17 banks to import gold and silver for a three-year window beginning April 1, 2026, with validity until March 31, 2029. The government move is aimed at clearing a customs clearance bottleneck that had stalled shipments. Importers can now expect smoother processing and more predictable precious metals trade.

  • Authorization for gold and silver imports runs April 1, 2026 to March 31, 2029
  • Government action resolves a customs clearance delay that halted shipments
  • Importers get relief with smoother flow of precious metal consignments
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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