business rbi mandates banks to conduct special clearing operations on monday

Rbi Mandates Banks To Conduct Special Clearing Operations On Monday

3 days   👁 12

The Reserve Bank of India (RBI) mandates all banks to participate in special clearing operations on March 31, 2025, to ensure all government transactions for the financial year 2024-25 are accounted for. Income tax and CGST offices will remain open despite the weekend and Eid-al-Fitr. Normal clearing timings under Cheque Truncation System will be followed for Government Cheques.