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, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.

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