**Summary:**
RBI Directive DBR.No.Leg.BC.5509/07.005/2016-17, issued March 24, 2017, by the Reserve Bank of India (RBI), mandates that all Agency Banks keep their branches dealing with government business open to the public on all days from March 25, 2017, through April 1, 2017. This directive is in response to the Government of India's decision to keep all Pay and Account Offices open during this period to facilitate government receipt and payment functions. The extended operating hours include Saturdays, Sundays, and all holidays falling within the specified timeframe. Agency Banks are instructed to publicize the availability of these banking services. Contact information for inquiries is provided: Rajinder Kumar, Chief General Manager, Department of Banking Regulation, Central Office, 12th Floor, Central Office Building, Shahid Bhagat Singh Marg, Mumbai, 400001. Telephone: 91 22 22661602; Fax: 91 22 22705691; Email: cgmicdbodcorbi.org.in.
Key Entities Referenced
Agency Banks: Banks authorized to handle government transactions on behalf of the Reserve Bank of India (RBI).
Government of India: The Union Government of India.
Pay and Account Offices: Government offices responsible for managing government receipts and payments.
April 1, 2017: The specific date mentioned as the deadline for banks and government offices to remain open.
Department of Banking Regulation: A department within the Reserve Bank of India (RBI) responsible for regulating banks.
Reserve Bank of India: The central bank of India.
Mumbai, Maharashtra: City in India where Central Office Building, Department of Banking Regulation is located.
Rajinder Kumar: Chief General Manager at Department of Banking Regulation, Reserve Bank of India.
RBI/2016-17/256
DBR.No.Leg.BC.55/09.07.005/2016-17 March 24, 2017
All Agency Banks
Dear Sir/ Madam,
All Agency Banks to remain open for public on all days from March 25, 2017 to
April 1, 2017
The Government of India has advised that all Pay and Account Offices will remain
open on all days up to April 1, 2017 to facilitate government receipt and payment
functions. Accordingly, all Agency Banks are advised to keep all their branches
dealing with government business open on all days in the current financial year and
on April 1, 2017 (including Saturday, Sunday and all holidays).
Banks may give due publicity about availability of above banking services on these
days.
Yours faithfully,
(Rajinder Kumar)
Chief General Manager
___________________________________________________________________________
ब��कंग �व�नयमन �वभाग, क�द्र�य कायार्लय, 12 वी मंिजल, क�द्र�य कायार्लय भवन, शह�द भगत�सहं माग र् मुंबई 400001
Department of Banking Regulation, Central Office, 12th Floor, Central Office Building, Shahid Bhagat Singh Marg,, Mumbai,400001
टेलीफ़ोन/Tel No:91-22-22661602 फ़ैक्स/Fax No:91-22-22705691 Email ID:cgmicdbodco@rbi.org.in