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

Australian Open 2026: Carlos Alcaraz Defeats Novak Djokovic to Complete Career Grand Slam

On February 1, 2026. In a gripping men's singles final at the Australian Open 2026,…

8 hours ago

Union Budget 2026: List of New and Existing Schemes & Initiatives

The Union Budget 2026-27, presented by Nirmala Sitharaman on 1 February 2026, marks a decisive…

9 hours ago

Union Budget 2026-27: Top Most Important MCQ’s

Preparing for Banking, SSC, RBI, NABARD, and other competitive exams requires a strong grasp of…

10 hours ago

Union Budget 2026: Defense Spending Rises 15.3% to ₹7.84 Lakh Crore

The Union Budget 2026 has delivered one of the strongest signals yet of India’s changing…

10 hours ago

Union Budget 2026: Targets Sports Manufacturing and Ecosystem Development

Union Budget 2026-27 has placed sports firmly within India’s growth and employment strategy. While presenting…

10 hours ago

Union Budget 2026: Health Ministry Gets ₹1.06 Lakh Crore Allocation

The Union Budget 2026-27 has placed healthcare at the centre of India’s development agenda. With…

10 hours ago