**Summary:**
This circular, RBI20232465 CO.DGBA.GBD.No.S646420102920232024, issued by the Reserve Bank of India (RBI) on October 03, 2023, addresses all agency banks regarding the processing of Government transactions through eKuber.
The circular announces that March 31, 2024, a Sunday, will be designated as a working day for Government transactions. This decision, advised by the Controller General of Accounts, Government of India, ensures that all Government receipts and payments are processed and accounted for within the financial year 2023-24 for the purpose of determining the Government of India's cash balance as of March 31, 2024. The eKuber system, RBI's core banking solution platform, will process these transactions on this date, which it typically does not do on Sundays or global holidays.
Furthermore, the circular states that eKuber will accept luggage files from banks on March 31, 2024, to facilitate the transfer of data related to Government transactions for accounting within the 2023-24 financial year.
For further information, contact Indranil Chakraborty, Chief General Manager, Department of Government and Bank Accounts, Central Office, Opp. Mumbai Central Railway Station, Byculla, Mumbai 400 008. Telephone: 022 2308 4121, Fax No. 022 2300 0370 / 2301 6072 / 2301 0095, email: cgmicdgbacorbi.org.in.
Key Entities Referenced
RBI: Reserve Bank of India, the central bank of India.
eKuber: Core Banking Solution platform of RBI for Government and other payments.
Controller General of Accounts, Government of India: An office under the Government of India advising on accounting for government transactions.
March 31, 2024: A specific date that is designated as a working day for government transactions.
Agency Banks: Banks authorized to handle government transactions.
Indranil Chakraborty: Chief General Manager, Department of Government and Bank Accounts, RBI.
Mumbai, Maharashtra: Location of Central Office, Department of Government and Bank Accounts, RBI.
Department of Government and Bank Accounts: A department of RBI
RBI/2023-24/65
CO.DGBA.GBD.No.S646/42-01-029/2023-2024 October 03, 2023
All Agency Banks
Madam/Dear Sir,
Status of March 31, 2024 for Government transactions through integration with
e-Kuber
The ‘e-Kuber’ which is the Core Banking Solution platform of RBI for Government and
other payments does not process any Government transactions on Global holidays
(which are 26th January, 15th August, 2nd October, all 2nd and 4th Saturdays of a month
and on all Sundays). It is observed that March 31, 2024 falls on a Sunday. The office of
Controller General of Accounts, Government of India has advised that in order to
account for all the Government transactions relating to receipts and payments in the
financial year 2023-24 itself, it has been decided that March 31, 2024 (Sunday) be
marked as a working day for the Government transactions so that all the Government
transactions through integration with e-Kuber are processed on March 31, 2024 and
accounted for in the financial year 2023-24 itself for arriving the cash balance of
Government of India as on March 31, 2024.
2. Also, the luggage files from banks for transferring the data related to Government
transactions to RBI would also be accepted by e-Kuber system on March 31, 2024 for
accounting of the same in the account for the financial year 2023-24.
Yours faithfully
(Indranil Chakraborty)
Chief General Manager
सरकारी और बक� लखे ा िवभाग, केन्�ीय कायार्लय, मबुं ई स�� ल रेल्व ेस्टेशन के सामने, भायखला, मबुं ई -400 008
Department of Government and Bank Accounts, Central Office, Opp. Mumbai Central Railway Station, Byculla, Mumbai - 400 008
Telephone: (022) 2308 4121, Fax No. (022) 2300 0370/2301 6072/2301 0095, e-mail: cgmicdgbaco@rbi.org.in
िहन्दी आसान ह,ै इसका �योग बढ़ाइए ।