Categories: Banking

CSB Bank has been impaneled as Agency Bank by RBI

Reserve Bank of India (RBI) has announced the empanelment of CSB Bank, a private sector lender as an ‘Agency Bank’. Through this appointment, the CSB Bank will undertake the general banking business of the central and state governments under the guidelines set by the RBI. As an Agency bank, CSB Bank will work with different state governments and central government departments for businesses such as tax collections, pension payments, collection of stamp duty, etc.

About the CSB Bank:

CSB Bank Limited, formerly Catholic Syrian Bank Limited, is an Indian private sector bank with its headquarters at Thrissur, Kerala, India. The bank has a network of over 450 branches and more than 319 ATMs across India.

List of banks recently empanelled as Agency Bank of RBI:

RBL Bank
Dhanlaxmi Bank
IndusInd Bank
Bandhan Bank
South Indian bank
Karnataka bank
DCB Bank

Important takeaways for all competitive exams:

CSB Bank Headquarters: Thrissur, Kerala;
CSB Bank CEO: C.VR. Rajendran;
CSB Bank Founded: 26 November 1920, Thrissur.

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Sumit Arora

As a team lead and current affairs writer at Adda247, I am responsible for researching and producing engaging, informative content designed to assist candidates in preparing for national and state-level competitive government exams. I specialize in crafting insightful articles that keep aspirants updated on the latest trends and developments in current affairs. With a strong emphasis on educational excellence, my goal is to equip readers with the knowledge and confidence needed to excel in their exams. Through well-researched and thoughtfully written content, I strive to guide and support candidates on their journey to success.