RBI : Designated Bank Branches to Remain Open on March 30, 31
PrintListen to this Article
With a view to providing greater convenience to taxpayers, it has been decided that all designated branches of agency banks and Reserve Bank of India (RBI) offices conducting government business will keep their counters open for full day on March 30.
Besides, these branches would have extended working hours on March 31. Branches would be open till 8 pm, the RBI said in a statement.
In a separate notification, the RBI said that in order to facilitate government receipts and payments, necessary arrangements have been made to conduct special clearing operations across the country.
Centralised payment systems such as the real time gross settlement (RTGS) and national electronic funds transfer (NEFT) will also be operational on both the days with extended business hours, it said.
Separate broadcast message will be issued through the respective systems indicating the extended time window to the participating banks, it added. (RBI-PTI)
Category : RBI | Comments : 0 | Hits : 998
The Supreme Court on Friday set aside the rejection of an IRS officer’s candidature for appointment as a member of the Income Tax Appellate Tribunal (ITAT), ruling that the involvement of the th...
The Reserve Bank of India (RBI) on Friday unveiled a set of liquidity-boosting measures aimed at infusing more than $23 billion (around ₹2 lakh crore) into the banking system, after review...
RBI has issued draft rules to tighten dividend payouts by banks by linking distributions to capital adequacy, asset and profit quality, setting a uniform prudential framework effective from FY27. In t...
Comments