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:
Important takeaways for all competitive exams:
On 27 July, the CRPF Foundation Day celebrated in 2026 to pay tribute to the…
Prime Minister Narendra Modi has announced the formation of a high-powered Exam Security Task Force…
Honourable Prime Minister Narendra Modi has made an announcement regarding to establishing a new Exam…
India's Anahat Singh has won for the first time ever the World Junior Squash title…
Sarnath, an ancient Buddhist site located in Uttar Pradesh, made it to the UNESCO World…
India’s star weightlifter Mirabai Chanu has won the gold medal in the women’s 48kg category…