Big decision of RBI, banks will remain open across the country on March 31 (Sunday)

The Reserve Bank of India (RBI) has directed to open banks across the country on Sunday, March 31, 2024. Taking a big decision, RBI has decided to open banks across the country on March 31, 2024, despite it being Sunday. RBI has given this information through a post on social media. Following the instructions of the Central Bank, all banks across the country will remain open on March 31.

The bank will open on Sunday 31st March

RBI has directed to open banks on Sunday 31 March. The Reserve Bank has taken this decision as it is the last day of the current financial year 2023-24. The Reserve Bank of India has said that the annual closure is on 31st March. In such a situation, all the banks will open, so that the transactions happening till the end of the financial year can be recorded in the same year. The Government of India has appealed to keep all branches of banks related to government receipts and payments open for transactions on March 31, so that accounts of all government transactions can be maintained. RBI has said that banks across the country have been directed to open as per their scheduled timings during the annual closing of the financial year on March 31. On Sunday, March 31, all banks will open at their regular time and close at scheduled time. However, customers will be able to do NEFT and RTGS transactions till 12 midnight.

On Sunday, March 31, not only banks but all income tax offices will also remain open. Income Tax Office not only on Sunday but also on Friday, March 29, Good Friday, Saturday , will also be open on March 30 and Sunday, March 31. The Income Tax Department has directed to keep Income Tax offices open across the country. Before the last day of the financial year 2023-24, the Income Tax Department has canceled the long holiday due to Good Friday. The Income Tax Department has said that IT offices across the country will remain open on March 29, 30 and 31. The Income Tax Department has taken this decision to ensure that there is no impact on the functioning during the last week of the financial year. Let us tell you that the stock market will remain closed during this period.