RBI Directs All Agency Banks to remain open for public on 31st March



Quick Summary
The Reserve Bank of India (RBI) has directed all agency banks to keep their branches open to the public on Sunday, March 31, 2024. This decision was made following a request from the Government of India to ensure all government receipts and payments for the financial year 2023-24 are accounted for within the same fiscal year. Banks are advised to publicise this special banking service availability.

All Agency Banks to remain open for public on March 31, 2024 (Sunday) 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 t
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FAQ :

Agency banks must remain open on March 31, 2024, to facilitate the accounting of all government receipts and payments for the financial year 2023-24.

All agency banks that deal with government receipts and payments are affected by this directive.

The banks are required to be open on Sunday, March 31, 2024.

The Government of India requested the banks to remain open.

The purpose is to ensure all government transactions for the financial year 2023-24 are accounted for within that fiscal year.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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