The Reserve Bank of India ( RBI ) has issued an advisory stating that all banks handling government transactions must remain open on March 31, 2025 (Monday), despite it being a public holiday.
The government has requested the apex bank to keep the agency banks open for the year end day for keeping the government transactions live.
As per the directive, Agency Banks—banks that handle government business—must keep their branches open for transactions related to government receipts and payments on that day.
Additionally, the RBI has instructed banks to publicize the availability of these banking services on March 31 so that customers are aware and can complete their financial transactions without confusion.
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The advisory states as follows: “The Government of India has made a request to keep all branches of the banks dealing with Government receipts and payments open for transactions on March 31, 2025 (Monday-Public Holiday) so as to account for all the Government transactions relating to receipts and payments in the Financial Year 2024-25 itself. Accordingly, Agency Banks are advised to keep all their branches dealing with government business open on March 31, 2025 (Monday).
Banks shall give due publicity about the availability of above banking services on this day.”
The list of Agency Banks includes 33 banks, such as Bank of Baroda, Canara Bank, State Bank of India, Central Bank of India, Axis Bank, HDFC Bank, ICICI Bank, Federal Bank, Yes Bank, Dhanlaxmi Bank, and IndusInd Bank, among others.
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