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RBI orders special bank clearings on March 31 for year-end government transactions.
The Reserve Bank of India (RBI) has ordered all banks to conduct special clearing operations on March 31, 2025, to handle government transactions for the fiscal year ending March 31, 2025.
Banks must operate branches for government-related transactions during normal hours and follow the Cheque Truncation System (CTS) timings.
The RBI has also mandated that income tax and GST offices remain open March 29 to 31, even if it includes weekends or holidays.
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RBI ordena compensaciones bancarias especiales el 31 de marzo para transacciones gubernamentales de fin de año.