Kotak Mahindra Bank becomes 1st scheduled private sector bank to collect direct, indirect taxes

Kotak Mahindra Bank becomes 1st scheduled private sector bank to collect direct, indirect taxes

Kotak Mahindra Bank becomes 1st scheduled private sector bank to collect direct, indirect taxesOct 5, 2021, 04:15 PM IST

With this, the bank becomes the first scheduled private sector bank to receive approval after the announcement by Finance Minister Nirmala Sitharaman allowing all banks to participate in government-related business.

HDFC Bank posts strong loan growth in September quarterOct 5, 2021, 04:05 PM IST

Retail loans grew by around 13% over September quarter last year and 5.5% over June. Commercial and rural banking loans grew by around 27.5% year-on-year at the end of the September 2021 quarter while other wholesale loans grew by around 6%.

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