TNPSC   |   3 year(s) ago

Agency Bank of RBI



  • The Reserve Bank of India  (RBI) has authorised Bandhan Bank as an Agency Bank of the RBI 
     
  • To undertake government business
     
  • Able to handle transactions related to the collection of state taxes and revenue receipts such as GST and VAT
     
  • Collection of stamp duty and pension payments

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