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

Centre Proposes Unified Broadcasting Rules for TV and Radio Services

The Government of India has released the draft Telecommunications (Television, Radio and Associated Services) Rules…

8 minutes ago

India Leads Global Digital Wallet Downloads in 2025 as UPI Drives Digital Payments Revolution

According to a recent Sensor Tower report, India has emerged as the world's largest market…

28 minutes ago

DRDO Successfully Tests Ballistic Missile Defence and NASM-MR Missile

Defense Research and Development Organization (DRDO) has successfully conducted three consecutive missile tests on 10th…

1 hour ago

Sudarsan Pattnaik Becomes First Indian to Win Russia Grand Sand Master Cup 2026

Sand artist Sudarsan Pattnaik from Odisha became the first Indian to win the prestigious Russia…

2 hours ago

Bharat Innovates 2026: PM Modi and Macron to Launch India-France Deep Tech Platform

Honorable Prime Minister Narendra Modi and French President Emmanuel Macron are set to jointly inaugurate…

3 hours ago

Global Peace Index 2026: Top 10 Safest Countries in the World

According to the 2026 Global Peace Index (GPI) which was released by the Institute for…

3 hours ago