IND RBI Banks Holiday Operations

Published on: Feb 13, 2025

On Feb. 11, IND RBI extended the opening hours of agency banks.

  • IND RBI directed agency banks to remain open for IND GVT transactions on Mar. 31.
  • Requirement applies to all branches dealing with government receipts and payments.
  • This decision aims to account for all government transactions within the FY2024-25.
Regulators
IND RBI
Entity Types
Bank
Reference
Cir RBI/2024-25/112, DOR.CO.SOG(Leg) No.59/09.08.024/2024-25, 2/11/2025
Functions
Compliance; Financial; Operations; Settlement
Countries
India
Category
State
N/A
Products
Banking; Clearing
Rule Type
Final
Regions
AP
Rule Date
Feb 11, 2025
Effective Date
Mar 31, 2025
Rule ID
243254
Linked to
N/A
Reg. Last Update
Feb 11, 2025
Report Section
International