Ahead Of Financial Year Closing Offices Dealing With Govt Business To Remain Open on March 30, 31: RBI
ABP NewsThe Reserve Bank of India has announced that its offices handling government business and designated branches of agency banks will remain open during normal working hours on both Saturday and Sunday, a move aimed at providing convenience to taxpayers. The decision comes as part of special measures taken for the current financial year due to the annual closing of government accounts. "The Government of India has made a request to keep all branches of the banks dealing with Government receipts and payments open for transactions on March 31, 2024 so as to account for all the Government transactions relating to receipts and payments in the FY2023-24 itself," the RBI said in a statement. Transactions through the National Electronic Funds Transfer and Real-Time Gross Settlement System will continue until 2400 hours on March 31, 2024, to facilitate greater convenience for taxpayers.