The Reserve Bank Of India Late On Monday Dropped Axis Bank From A List Of Banks - Dollar Advisory Financial Services

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Tuesday 3 April 2018

The Reserve Bank Of India Late On Monday Dropped Axis Bank From A List Of Banks

The Reserve Bank of India late on Monday dropped Axis Bank from a list of banks it has cleared to import gold and silver in the current financial year that began April 1.

It was unclear why Axis, one of India's leading importers of bullion, did not feature in the list that was released late on Monday.

Axis Bank and the Reserve Bank of India were not immediately reachable for comment.

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