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June 2009

Press Release dated May, 15th 2009.

By Pinky Shah, Sonalee Godbole, Gaurang Gandhi, Tarun Ghia, Nimesh Dedhia, Vijay Kewalramani
Chartered Accountants
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  1. Press Release dated May, 15th 2009.

The Reserve Bank has designated 926 branches of private and
public sector banks for receiving advance Income tax in Mumbai and Navi
Mumbai. Out of these 926 branches, 862 are public sector banks and 35 are HDFC
bank branches, 10 are ICICI bank branches and 19 are AXIS bank branches.

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