https://www.taxtmi.com/news?id=23769 The embargo has been lifted so private sector banks may be authorised by the Reserve Bank of India to conduct Government-related banking transactions, including taxes, revenue receipts, pension payments, small savings schemes and Government agency business; the Government has communicated its decision to the RBI and there is no longer a bar on RBI granting such authorisations to private banks. en-us Wed, 24 Feb 2021 17:41:24 +0530 Wed, 24 Feb 2021 17:41:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23769 The embargo has been lifted so private sector banks may be authorised by the Reserve Bank of India to conduct Government-related banking transactions, including taxes, revenue receipts, pension payments, small savings schemes and Government agency business; the Government has communicated its decision to the RBI and there is no longer a bar on RBI granting such authorisations to private banks. News - Wed, 24 Feb 2021 17:41:24 +0530 https://www.taxtmi.com/news?id=23769