Question

    Which bank has gone live with ‘Direct Tax

    Collections’ on behalf of the Government of India through the new Tax Information Network (TIN2.0) portal. The Bank also offers customs duty collections through a direct interface via ICEGATE?
    A Federal Bank Correct Answer Incorrect Answer
    B South Indian Bank Correct Answer Incorrect Answer
    C RBL Bank Correct Answer Incorrect Answer
    D Karnataka Bank Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    RBL Bank has gone live with ‘Direct Tax Collections’ on behalf of the Government of India through the new Tax Information Network (TIN2.0) portal. The Bank also offers customs duty collections through a direct interface via ICEGATE. This enhanced service will enable RBL Bank customers to make direct tax payments seamlessly via various digital channels and RBL Bank branches. Leveraging its enhanced technology framework, the solution provides an easy, user-friendly platform for managing direct tax payments and marks an important milestone in RBL Bank’s Government Banking offerings. This segment is one of the key focus area for the Bank as a high enabler for growing its liability franchise.

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