RBL Bank wins ₹92 crore GST demand withdrawal
after close1 source ↓written by the desknot a recommendation
- GST demand
- ₹92 crore
- effective
- 24 Mar 2026
- financial year
- 2019-20
RBL Bank has secured a significant win as Maharashtra tax authorities have withdrawn a ₹92 crore GST demand. This decision, effective from 24 Mar 2026, resolves a long-standing tax issue dating back to the 2019-20 financial year, alleviating potential financial burdens on the bank. The withdrawal includes all associated penalties and interest.
Not investment advice. For informational purposes only.