RBI cancels March 31 bank holiday: Govt orders banks to stay open for year-end closures

RBI cancels bank holiday on this date: Details | DH Latest News, DH NEWS, Latest News, India, NEWS , Reserve Bank of India, Reserve Bank of India (RBI), The Reserve Bank of India, rbi

Mumbai: The Reserve Bank of India has directed all agency banks—those handling government transactions—to remain open on March 31, 2025 (Monday). March 31  has been announced a holiday in many states. Banks were supposed to be closed on March 31 in almost all states except Himachal Pradesh and Mizoram for Ramzan-Id (Id-Ul-Fitr). The apex bank issued the  new directive to ensure that all government-related financial transactions, including receip…

Bank Holiday Cancelled: Big news! Government has cancelled Eid holiday, banks will remain open across the country, know the reason - Business League

Ramzan-Id Bank Holiday: Earlier, banks were going to be closed in most states on the occasion of Eid-ul-Fitr. But now under the new instructions of the government and RBI, all banks will remain open on this day. Bank Holiday In March: The Reserve Bank of India (RBI) has canceled the Eid-ul-Fitr holiday on 31 March 2025. RBI has ordered all banks to ensure that the bank remains open on 31 March. Actually, March 31 is the last date of the financia…

RBI cancels March 31 bank holiday: Govt orders banks to stay open for year-end closures

To ensure accurate financial reporting, the Reserve Bank of India mandates that all agency banks remain open on March 31, 2025, even though it falls on a holiday in many states. The move aims to facilitate the proper accounting of government transactions within the financial year ending on that date.