News Details- (Get Professional Updates on Whatsapp, Msg on
8285393786) More
News
Bank Branches doing govt biz should be open on March 30 & 31: RBI
PrintThe RBI has instructed all banks, who deal with government business, to keep designated branches open on March 30 and 31. In a notification issued yesterday, the apex bank asked that all such banks shall keep the counters of their designated branches open for full day on March 30 and 31st.
The RBI said the government is desirous of accounting all the government transactions within the same financial year itself and has requested for special arrangements to be made at branches for this purpose.
It said the electronic transactions will continue till midnight on March 31. The central bank has also asked the lenders to give adequate publicity about this facility, which is being done during the closure of the financial year, when banks are burdened with year-ending work.
The RBI said the government is desirous of accounting all the government transactions within the same financial year itself and has requested for special arrangements to be made at branches for this purpose.
It said the electronic transactions will continue till midnight on March 31. The central bank has also asked the lenders to give adequate publicity about this facility, which is being done during the closure of the financial year, when banks are burdened with year-ending work.
Category : Banking | Comments : 0 | Hits : 624
Get Free Daily Updates Via e-Mail on Income Tax, Service tax, Excise and Corporate law
Search News
News By Categories More Categories
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
Comments