Calling the Situation Grim, the Supreme Court Takes Suo Motu Cognizance of Delays in NCLT Approvals  ||  Supreme Court: Admission of a Claim by a Resolution Professional is Not Debt Acknowledgment  ||  Supreme Court: Public Figures Must Exercise Caution as Their Words Have Consequences in Society  ||  SC: State Must Act as a Model Employer, Criticising the Union For Not Regularising ISRO Workers  ||  J&K&L High Court: Minor Minerals Have Major Environmental Impacts and Must be Regulated  ||  Del HC: Unexplained Money Received by Public Servant is Not Bribery Without Proof of Official Favour  ||  Del HC: There is No Absolute Bar on Granting Co-Convicts Parole/Furlough Together in Suitable Cases  ||  Bom HC: LARR Authority Can Examine Limitation Issues in Land Acquisition References under 2013 Act  ||  MP HC: Long-Serving Employees Cannot Be Denied Regularisation by Retrospective Statutory Amendments  ||  J&K&L HC: Routine Challenges to Lok Adalat Awards Defeat Their Purpose of Quick Dispute Resolution    

Annual Closing of Government Accounts - Transactions of Central / State Governments - Special Measures for the Current Financial Year (2018-19)- (Reserve Bank of India) (28 Mar 2019)

MANU/RPRL/0065/2019

Banking

With a view to providing greater convenience to tax payers, as in previous years, it has been decided that RBI Offices and all designated branches of agency banks conducting government banking business will keep their counters open up to 8.00 p.m. on March 30, 2019 and upto 6.00 p.m. on March 31, 2019; electronic transactions can be done till the stipulated time on both the days.

In order to facilitate Government receipts and payments, necessary arrangements have also been made to conduct special clearing operations across the country. Centralised payment systems such as the RTGS and NEFT will also be operational with extended business hours. Separate broadcast message will be issued through the respective systems indicating the extended time window to the participating banks.

As far as April 1, 2019 is concerned, since it has been declared as a holiday to enable the banks to close their yearly accounts, although RBI offices will work on that day, centralised payment systems such as the RTGS and NEFT will not be operational on that day.

Tags : GOVERNMENT ACCOUNTS   ANNUAL CLOSING   TRANSACTIONS OF  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved