Reserve Bank of India (RBI) has directed all agency banks handling government transactions to remain open on March 31, 2025, despite it being a public holiday. This decision follows a request from the Government of India to ensure that all government-related receipts and payments are accounted for within the Financial Year 2024-25. The directive applies to branches dealing with government business, allowing seamless processing of year-end transactions.
Agency banks are also required to publicize the availability of banking services on this day to inform customers. This measure aims to facilitate smooth financial operations and prevent any disruptions in government transactions at the close of the financial year.
Reserve Bank of India
RBI/2024-25/112
DOR.CO.SOG(Leg) No.59/09.08.024/2024-25 Dated: February 11, 2025
All Agency Banks
Madam / Dear Sir
All Agency Banks to remain open for public on March 31, 2025 (Monday)
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).
2. Banks shall give due publicity about the availability of above banking services on this day.
Yours faithfully
(Sunil T S Nair)
Chief General Manager
