RBI instructions, despite March 31 being a Sunday, all banks will remain open

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The Reserve Bank of India (RBI) has directed all agency banks to open branches for government work on March 31. March 31 is Sunday and the last day of the current financial year. Many important transactions are completed on this date. For this reason, the Central Bank has ordered all banks to keep their branches open.

RBI has issued a statement

The RBI said in a statement that the Government of India has requested to keep all branches of banks dealing with government receipts and payments open for transactions on March 31, 2024 (Sunday) so that all branches dealing with receipts and payments in the financial year 2023. -24. Accordingly, agency banks are advised to keep all their branches dealing with Government business open on March 31, 2024 (Sunday) to enable accounting of Government transactions.

inform people

Also, RBI has told the banks that all branches will remain open on March 31. Provide this information to customers. Let us tell you that the list of agency banks of RBI includes Bank of Baroda, Bank of India, Bank of Maharashtra, Canara Bank, Central Bank of India, Indian Bank, Indian Overseas Bank, Axis Bank, City Union Bank, DCB Bank. Names of many other banks including Federal Bank, HDFC Bank and ICICI Bank are also included.

Income tax also canceled holidays

Earlier, the long weekend from March 29 to March 31 has been canceled by the Income Tax Department due to pending tax related work. March 29 was Good Friday, March 30 was Saturday and March 31 was Sunday. A statement issued by the Income Tax Department said that all Income Tax offices will remain open on March 29, 30 and 31 to clear the pending work of the department.