All Agency Banks to remain open for Public on March 31, 2024 : CGA

All Agency Banks to remain open for Public on March 31, 2024 : CGA

Ministry of Finance
Department of Expenditure
Controller General of Accounts
Mahalekha Niyantrak Bhawan,
E-Block, GPO Complex, INA
New Delhi — 110 023

No. R-08/4/2024-GBA-CGA/162-168

Dated: 22nd March 2024

Office Memorandum

Subject: All Agency Banks to remain open for Public on March 31, 2024 (Sunday) — regarding

Reserve, Bank of India vide notification No. RBI/2023-24/137 DOR.SOG (LEG) – REC/OY 08.024/2023-24 dated March 20, 2024 (copy enclosed) has requested all the Agency Banks to keep all branches of the banks dealing with Government receipts and payments open for transactions on March 31, 2024 (Sunday) so as to account for all the Government transactions relating to receipts and payments in the FY 2023-24 itself. The notification is also available on the website site of the Reserve Bank of India (www.rbiorg.in)

2. Attention is also invited to notification No. RBI/2023-24/65 CO.DGBA.GBD. No. S646/42-01—~29/2023-2024 dated October 3, 2023 (Copy enclosed) addressed to Agency Banks informing that in order to account for all the government transactions relating to receipts and payments in the financial year 2023-24 itself, it has been decided that March 31, 2024 (Sunday) be marked as a working day for the Government transactions so that all the government transactions through integration with e-kuber are processed on 31st March, 2024 and accounted for in the financial year 2023-24 itself for arriving the cash balance of Government of India as on March 31, 2024. Also the luggage files from banks for transferring the data related to Government transactions to RBI would also be accepted by e-kuber system on March 31, 2024 for accounted the same in the account for the financial year 2023-24. This notification is also available on the website site of the Reserve Bank of India (www.rbi.org.in)

3. In view of the above, all the Agency Banks dealing with Government receipts and payments are requested to put in place necessary arrangements to carry out government business so that the transactions are processed, reported and accounted for in the Financial Year 2023-24 itself for arriving the cash balance of the Government of India as on 31st March 2024.

Encl. as above

(Narender Singh)
Asstt. Controller General of Accounts (GBA)

To
All the General Managers of the Agency Banks doing Government Agency Business