Karnataka - Bidar   

Bank to accept commercial tax payments

By Our Staff Correspondent

BIDAR, MARCH 28. The State Bank of India (SBI) will accept commercial tax payments from traders from the next financial year.

K.P. Rau, General Manager, Development and Personal Banking, Karnataka, told presspersons here on Saturday that this facility was being extended at the request of the Government. "We have agreed to the proposal in principle and a memorandum of understanding will be signed soon," said Mr. Rau. The bank would extend its processing facilities for clearing proposals for loans and other advances to other cities. This facility introduced in Bangalore and Mysore now, involved branches reaching out to customers and collecting requests for loans.

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