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City Union Bank gets approval from RBI to collect Direct and Indirect Taxes

29 Oct 2021 Evaluate

City Union Bank has received approval from Reserve Bank of India (RBI) to collect Direct and Indirect Taxes, on behalf of the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) respectively. The bank shall commence to collect such taxes after completion of integration process with CBDT and CBIC.

City Union Bank offers a suite of products across deposits, loans, investment solutions, payments and cards and the Bank also offers services, such as internet banking, mobile banking, including online funds transfer and fixed deposit operations.

Peers
Company Name CMP
HDFC Bank 703.80
ICICI Bank 1357.00
Axis Bank 1243.90
Kotak Mahindra Bank 440.80
Indusind Bank 876.25
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