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Annual Closing of Government Accounts Transactions of Central/State Governments Special Measures for the Current Financial Year (2015-16)
March, 28th 2016

With a view to providing greater convenience to tax payers, it has been decided 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 8.00 p.m. 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. Centralised payment system such as the RTGS and NEFT will also be operational on both the days with extended business hours. Separate broadcast message will be issued through the respective systems indicating the extended time window to the participating banks.

Ajit Prasad
Assistant Adviser

Press Release : 2015-2016/2257

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