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

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

Justice Manoj Kumar Gupta Appointed Chief Justice of Uttarakhand High Court

In an important development in India’s judiciary, Justice Manoj Kumar Gupta was appointed as the…

15 mins ago

Book on President Droupadi Murmu Released by Sanitation Worker at Andhra University

A heart-touching and socially meaningful incident took place in Visakhapatnam (Andhra Pradesh), where a book…

24 mins ago

Skydo Gets RBI Approval for PA-CB Licence: A Big Boost for India’s Cross-Border Fintech

India’s fintech ecosystem achieved a key regulatory milestone as Skydo received final authorisation from the…

41 mins ago

World Hindi Day 2026: Date, History, Significance, Theme & Quotes (Vishwa Hindi Diwas)

World Hindi Day 2026 (also known as Vishwa Hindi Diwas) is observed every year on…

51 mins ago

Which City is known as the City of Grapes?

Many cities around the world are given special names because of what they are best…

16 hours ago

Who was Known as the Court Poet of Samudragupta?

In ancient India, many powerful kings ruled large empires and were known for their bravery,…

16 hours ago