April 4, 2018 / 11:17 AM / 8 months ago

BRIEF-India's Axis Bank Says RBI Rejected Bank's Request For Renewal Of Authorization For Gold Import

April 4 (Reuters) - Axis Bank Ltd:

* CLARIFIES ON NEWS ITEM ON RBI DROPPING AXIS BANK FROM LIST OF BULLION IMPORTERS

* RBI INFORMED CO THAT ITS REQUEST FOR RENEWAL OF AUTHORIZATION FOR IMPORT OF GOLD FOR FY 2018-19 CANNOT BE ACCEDED

* SAYS THE DISCLOSURE DOES NOT HAVE MATERIAL IMPACT ON THE BANK Source text - bit.ly/2uNYZ6Z Further company coverage:

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