Categories: Banking

RBI named Bandhan Bank as agency bank

The Reserve Bank of India has now appointed Bandhan Bank as an Agency Bank of the RBI to conduct government business. Bandhan Bank now joins several other private banks that have been empanelled as an Agency Bank of the RBI. Bandhan Bank will now be authorised to handle transactions related to GST, VAT and the collection of state taxes.

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List of Banks recently appointed as Agency Bank of RBI:

South Indian bank
Karnataka bank
DCB Bank
RBL Bank
Dhanlaxmi Bank
IndusInd Bank
Bandhan Bank

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Sumit Arora

As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.