Reserve Bank of India, in a Press
Note, said all designated branches of agency banks and RBI Offices conducting
government business will keep their counters open for extended hours on
Saturday, March 29, and Monday, March 31, 2014 till 8.00 p.m.
31/03/2014 is a Bank Holiday in the
states of Andhra Pradesh, Karnataka, Maharashtra, Tamil Nadu and Goa. Hence the
arrangement will apply in these states.
On Sunday, March 30, 2014, and on Monday,
March 31, 2014 (at places where holiday under the Negotiable Instruments Act
has been declared), agency banks would keep select branches open for
transacting government business at locations identified by them based on volume
of transaction
The extended hours are to greater
convenience to tax payers, and facilitate government receipts.
Arrangements have also been made to conduct
special clearing operations across the country. Centralised payment systems,
such as, Real Time Gross Settlement (RTGS) and National Electronic Funds
Transfer (NEFT) will also be operational on these three days (from March 29,
2014, to March 31, 2014).
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