**Summary:**
RBI Circular RBI201718111, issued on December 21, 2017, addresses all agency banks regarding the prompt implementation of government instructions. The Reserve Bank of India (RBI) has observed instances of non-adherence to instructions and notifications issued by the Central and State Governments by some agency banks, citing the absence of further communication from the RBI. This circular advises all agency banks to strictly adhere to all guidelines and instructions contained in government notifications and to take immediate action without waiting for further instructions from the RBI. For queries related to these guidelines, agency banks are instructed to directly contact the concerned government entities. Queries related to reporting to the RBI should be addressed to DGBA, CAS, Nagpur. The circular is issued by Partha Choudhuri, General Manager, Department of Government Bank Accounts, Central Office, Opp. Mumbai Central Railway Station, 4th Floor, Byculla, Mumbai 400 008. Contact information includes telephone numbers 022 23016214, 022 23001670 and fax numbers 022 2300 8764, 23009126, 2301 0095, and email address pcgmdgba@rbi.org.in.
Key Entities Referenced
RBI: Reserve Bank of India, the central bank of India, which issued the circular.
Agency Banks: Banks authorized to handle government transactions on behalf of the RBI.
Government Central: Refers to the central government of India.
States: Refers to the state governments within India.
DGBA CAS, Nagpur: Department of Government and Bank Accounts, Central Accounts Section, located in Nagpur, Maharashtra, India. This is the point of contact within RBI for reporting queries.
Partha Choudhuri: General Manager at the Department of Government Bank Accounts, RBI. Signatory of the circular.
Department of Government Bank Accounts: A department within the Reserve Bank of India.
Mumbai, Maharashtra: City in India where the Central Office of the Department of Government Bank Accounts is located.
RBI/2017-18/111
DGBA.GBD/1616/15.02.005/2017-18 December 21, 2017
All Agency Banks
Dear Sir / Madam,
Prompt implementation of Governments’ instructions by agency banks
It is brought to our notice that some agency banks are not adhering to instructions/
notifications issued by Government (Central as well as States) promptly by stating that
further communications have not been received by them from RBI.
2. In this connection, all agency banks are advised to scrupulously follow all the
guidelines /instructions contained in various notifications of Government (Central as well
as States) and take necessary actions immediately without waiting for any further
instructions from RBI.
3. It is further advised that for queries related to such guidelines /instructions
agency banks may take up the issue directly with concerned Governments and if the
queries are related to reporting to RBI, then it may be addressed to DGBA /CAS,
Nagpur.
Yours faithfully,
(Partha Choudhuri)
General Manager
________________________________________________________________
सरकारी और ब�क लखे ा िवभाग, क��ीय कायालर् य, मबुं ई स�� ल रेलव ेस्टेशन के सामन,े चौथी मंिजल, भायखला, मुंबई - 400 008
Department of Government & Bank Accounts, Central Office, Opp. Mumbai Central Railway Station, 4th Floor, Byculla, Mumbai - 400 008
Telephone: (022) 23016214,(022)23001670 Fax No. (022) 2300 8764/23009126/2301 0095, e-mail : pcgmdgbaco@rbi.org.in
�हदी आसान है, इसका �योग बढ़ाइए ।