Categories: Banking

RBI authorised Karur Vysya Bank (KVB) to collect Direct taxes

The Reserve Bank of India has authorised Karur Vysya Bank (KVB) to collect direct taxes on behalf of the Central Board of Direct Taxes (CBDT). After obtaining the approval, KVB has started the integration process with the CBDT to collect direct taxes. The integration would enable the bank to allow its customers to remit the direct taxes through any branch/net banking/ mobile banking services (DLite Mobile application).

Buy Prime Test Series for all Banking, SSC, Insurance & other exams

Important takeaways for all competitive exams:

  • Karur Vysya Bank Establishment: 1916;
  • Karur Vysya Bank Headquarters: Karur, Tamil Nadu;
  • Karur Vysya Bank MD & CEO: B. Ramesh Babu;
  • Karur Vysya Bank Tagline: Smart Way to Bank.

Find More Banking News Here

SBI launches NAV-eCash card in collaboration with Indian navy_90.1SBI launches NAV-eCash card in collaboration with Indian navy_90.1

AddThis Website Tools
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.

Recent Posts

The Smile on Her Face: When ‘Maa Ka Sapna, Aapka Selection’ Becomes Reality

This Mother’s Day, ask yourself: “What’s the most meaningful gift you’ve ever given to your…

15 mins ago

Mother’s Day 2025: Date, History, Significance and Celebrations

Mother’s Day is a heartfelt tribute to the unwavering love, resilience, and dedication of mothers…

2 hours ago

10 Years of Jan Suraksha Schemes (2015–2025)

The three flagship social security schemes under the Jan Suraksha Abhiyan — Pradhan Mantri Jeevan…

3 hours ago

RBI Slaps Penalties on SBI and Jana Small Finance Bank for Regulatory Lapses

In a strong regulatory move, the Reserve Bank of India (RBI) has imposed monetary penalties…

3 hours ago

Uttar Pradesh Partners with World Bank to Launch UP AGREES & AI Pragya Initiatives

On May 9, 2025, Uttar Pradesh Chief Minister Yogi Adityanath, in the presence of World…

3 hours ago

India Prohibits Use of Key Antimicrobials in Aquaculture to Combat Antimicrobial Resistance

In May 2025, the Union Ministry of Commerce and Industry issued a landmark decision to…

3 hours ago