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Reserve Bank asks banks conducting govt business to remain open at financial year end

India Blooms News Service | | Mar 29, 2016, at 06:54 pm

#Reserve Bank # banks conducting govt business # financial year end

Mumbai, Mar 29 (IBNS) With a view to providing greater convenience to tax payers, the Reserve Bank of India has said that all designated branches of agency banks and RBI Offices conducting government business will keep their counters open for full day on March 30, 2016 and till 8pm on March 31, 2016.

In order to facilitate Government receipts and payments, necessary arrangements have been made to conduct special clearing operations across the country, according to the RBI.

Centralised payment system such as the RTGS and NEFT will also be operational on both the days with extended business hours.

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