CSB Bank listed as 'Agency Bank'

CSB Bank listed as 'Agency Bank'

Daily Current Affairs   /   CSB Bank listed as 'Agency Bank'

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Category : Business and economics Published on: December 24 2021

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  • The Reserve Bank of India (RBI) has designated CSB Bank as an 'Agency bank,' allowing it to handle general banking operations for the national and state governments.
  • Thrissur, Kerala-based CSB Bank Limited, formerly known as Catholic Syrian Bank Limited.
  • This bank will now be able to do TDS, GST, Stamp Duty, and other transactions.
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