Mumbai: RBL Financial institution has been authorised by the Reserve Financial institution of India (RBI), primarily based on a suggestion from the Controller Normal of Accounts, Ministry of Finance and Authorities of India (GoI), to gather direct taxes on behalf of the Central Board of Direct Taxes (CBDT).
After technical integration, RBL Financial institution’s company and particular person clients will be capable of pay their direct taxes via RBL Financial institution’s cell banking or web banking platforms in addition to via the department banking community, leading to ease and comfort for purchasers.
“We’re happy to be entrusted with this essential mandate, which is able to assist us improve our bouquet of companies and open up a number of handy channels for our clients to pay taxes. This transfer will definitely be a step ahead in reinforcing our customer-centric method. We stay up for working carefully with the GoI and the RBI for the graceful deployment of this facility and providing a variety of companies that redefine banking journeys primarily based on our technical and digital capabilities,” Parool Seth – Head – Monetary Establishments and Authorities Banking, RBL Financial institution stated.
RBL Financial institution is one in all India’s main personal sector banks with an increasing presence throughout the nation. The Financial institution provides specialised companies beneath 5 enterprise verticals specifically: Company & Institutional Banking, Industrial Banking, Department & Enterprise Banking, Retail Belongings and Treasury and Monetary Markets Operations. It at the moment companies over 9.97 million clients via a community of 445 branches, 1,435 enterprise correspondent branches (of which 271 banking retailers) and 386 ATMs unfold throughout 28 Indian states and Union Territories.
Supply: Live Mint