**Summary:**
This circular, RBI20212218/DGBA.GBD.No.S2642/01.029/2021-22, issued by the Reserve Bank of India (RBI) on April 7, 2021, announces a change in the date of closure for reporting Central Government transactions for March 2021. Due to holidays on April 10th and 11th, 2021 (second Saturday and Sunday), the closure date is extended from April 10, 2021, to April 12, 2021. Agency banks are instructed to report all residual March 2021 transactions by 1400 hours on April 12, 2021. All other instructions outlined in Circular DGBA.GBD.No.S1404/2.01.029/2020-21 dated March 18, 2021, remain in effect, considering the revised closure date. Nodal/Focal Point branches are required to prepare separate scrolls for March 2021 residual transactions and April transactions during the first 12 days of April 2021. They must ensure that transactions up to March 31, 2021, are accounted for in the financial year 2020-21. Contact the Department of Government Bank Accounts, Central Office, Byculla, Mumbai 400 008. Telephone: 022 2301 6214, Fax No. 022 2300 8764, email: cgmicdgbacorbi.org.in. Chief General Manager R. Kamalakannan authorized the circular.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for regulating the banking system and managing the country's currency.
Government of India: The Union Government established by the Constitution of India.
Agency Banks: Banks authorized by the Reserve Bank of India to handle government transactions.
March 2021: A specific month and year relevant to the financial transactions being reported.
April 2021: A specific month and year relevant to the financial transactions being reported.
DGBA.GBD.No.S14042.01.029202021: Reference number of a circular issued by the Reserve Bank of India related to government banking.
R. Kamalakannan: Chief General Manager at Reserve Bank of India who signed the circular.
Mumbai, Maharashtra: City in India where the Central Office of the Department of Government Bank Accounts is located.
भारतीय �रज़वर् ब�क
___________________RESERVE BANK OF INDIA___________________
www.rbi.org.in
RBI/2021-22/18
DGBA.GBD.No.S26/42.01.029/2021-22 April 07, 2021
All Agency Banks
Madam/Dear Sir,
Reporting and Accounting of Central Government transactions of March 2021 –
Change of date of closure
Please refer Circular DGBA.GBD.No.S-140/42.01.029/2020-21 dated March 18, 2021
where in the date of closure for reporting residual transactions of March 2021 was fixed
as April 10, 2021.
2. On account of holidays on April 10 and 11, 2021 (second Saturday and Sunday
respectively), Government of India has now decided that the date of closure of residual
transactions for the month of March 2021 be fixed as April 12, 2021. All agency banks
may take note of the change of date of closure and ensure that arrangements are put in
place to report all the March 2021 residual transactions by 1400 hours of April 12, 2021.
3. All other instructions contained in Circular DGBA.GBD.No.S-140/42.01.029/2020-21
dated March 18, 2021 are operational and may be adhered to, taking into account closure
date as April 12, 2021. To sum up, the nodal/Focal Point branches will be required to
prepare separate set of scrolls, one pertaining to March 2021 residual transactions and
another for April transactions during the first 12 days of April 2021. The Nodal/Focal Point
branches should also ensure that the accounts for all transactions (revenues/tax
collections/payments) up to March 31, 2021 are effected at the receiving branches in the
accounts for financial year 2020-21 itself and are not mixed up with the transactions of
April 2021. Also, while reporting transactions pertaining to March 2021 up to April 12,
सरकारीएवंब�कलेखािवभाग,केन्�ीयकायार्लय,मुंबईस��लरेल्वेस्टेशनकेसामने, भायखला, मुंबई 400 008
Department of Government & Bank Accounts, Central Office, Opp. Mumbai Central Railway Station, 4th Floor, Byculla, Mumbai 400 008
Telephone: (022) 2301 6214, Fax No. (022) 2300 8764, e-mail: cgmicdgbaco@rbi.org.in
िहन्दी आसान ह,ै इसका �योग बढ़ाइए ।2
2021, the transactions of April 2021 should not be mixed up with the residual transactions
relating to March 2021.
4. Kindly issue necessary instructions in the matter to your branches concerned
immediately.
Yours faithfully
(R. Kamalakannan)
Chief General Manager