The Reserve Bank of India (RBI) has issued instructions for all agency banks engaged in handling transactions for the government to operate on Sunday, March 31, 2024. This directive comes in response to the Government of India’s request to ensure that all bank branches involved in processing government receipts and payments remain functional on this date. The purpose of this exceptional operational day is to facilitate the completion of all government-related financial transactions, both receipts and payments, within the fiscal year 2023-24. Consequently, the RBI has mandated that all relevant agency banks maintain operational status for their branches conducting government business on March 31, 2024, to accommodate this requirement.
RBI/2023-24/137
DOR.SOG (LEG).REC/84/09.08.024/2023-24
March 20, 2024
All Agency Banks
Madam / Dear Sir
All Agency Banks to remain open for public on March 31, 2024 (Sunday)
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 (Sunday) so as to account for all the Government transactions relating to receipts and payments in the FY 2023-24 itself. Accordingly, Agency Banks are advised to keep all their branches dealing with government business open on March 31, 2024 (Sunday).
2. Banks shall give due publicity about the availability of above banking services on this day.
Yours faithfully
(Sunil T S Nair)
Chief General Manager
