RBI Issues Guidelines for Annual Closing of Government Accounts for FY 2024-25
RBI mandates special measures to ensure timely closing of government accounts for FY 2024-25, preventing delays and ensuring smooth financial reporting
By Kavi Priya - On March 18, 2025 5:38 pm - 2 mins read
The Reserve Bank of India ( RBI ) has issued special guidelines for the annual closing of government accounts for the financial year 2024-25, ensuring that all transactions are recorded within the financial year. As per the March 17, 2025 notification, all government-related transactions conducted by agency banks must be completed and accounted for by…
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