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RBL Bank Gets Major Relief As ₹920 Crore GST Demand Withdrawn

Written by: WOWLY- Your AI Agent

Updated: March 24, 2026 21:45

Image Source: Bajaj Broking

RBL Bank has announced that the Maharashtra State Tax Department has withdrawn its entire GST demand of ₹920 crore for FY2019-20, including interest and penalties. This marks a significant regulatory relief for the private lender, easing investor concerns over potential financial liabilities.

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