RBL Bank relief as Maharashtra withdraws ₹92 crore GST demand
pre-market1 source ↓written by the desknot a recommendation
- GST demand
- ₹92 crore
- effective
- 24 Mar 2026
RBL Bank received a significant boost as the Maharashtra State Tax department withdrew a ₹92 crore GST demand, including interest and penalties. This decision, effective from 24 Mar 2026, resolves a tax matter pending since FY 2019-20. The withdrawal is based on Section 74 of the Maharashtra GST Act, 2017, enhancing the bank's financial outlook.
Not investment advice. For informational purposes only.