**Summary:**
RBI Directive DOR.SOG LEG.REC8409.08.024/2023-24, issued March 20, 2024, instructs all agency banks to remain open to the public on Sunday, March 31, 2024. This directive follows a request from the Government of India to ensure all government receipts and payments for Fiscal Year 2023-24 are accounted for within the fiscal year. Agency banks are therefore required to keep all branches dealing with government business open on this date. Banks are also directed to publicize the availability of these banking services. Contact for further information: Sunil T S Nair, Chief General Manager.
Key Entities Referenced
Agency Banks: Banks authorized to handle government transactions.
March 31, 2024: Date on which Agency Banks are requested to remain open for public transactions.
Government receipts and payments: Transactions related to government income and expenses.
FY 2023-24: Financial Year 2023-2024
Sunil T S Nair: Chief General Manager at Reserve Bank of India
Reserve Bank of India: India's central bank.
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 to receipts and
payments in the FY 2023-24 itself. Accordingly, Agency Banks are advised to keep all
their branches dealing with government business open on March 31, 2024 (Sunday).
2. Banks shall give due publicity about the availability of above banking services on
this day.
Yours faithfully
(Sunil T S Nair)
Chief General Manager