RBI issues annual closing advisory, asks agency banks to keep branches open

RBI directs all banks to keep branches open till March 31 for annual closing

Mumbai (Maharashtra) [India], March 22 (ANI): With just only 10 days till the annual closing of the current financial year, the Reserve Bank of India (RBI) has directed all banks to keep their branches open until the end of the working hours on March 31. The central bank has written a letter to all the […]

RBI issues annual closing advisory, asks agency banks to keep branches open

The annual closing of bank accounts is scheduled for March 31 every year. On April 1, banks are usually closed for public transactions. But as per the central bank's notification, government reporting window will be open till noon on April 1.

RBI directs all banks to keep branches open till Mar 31 for annual closing

With annual closing of accounts scheduled for March 31 as the financial year 2022-23 is ending, RBI has directed all banks to keep their branches open till working hours of the above-mentioned date

RBI asks banks to keep branches open till March 31 for annual closing

The Reserve Bank of India (RBI) on Tuesday directed banks to keep their branches open till working hours of March 31, 2023, a press release stated. ​​With the financial year 2022-23 ending, the annual closing of accounts is scheduled for March 31.

All bank branches to remain open till March 31 for annual closing; check details here

The RBI stated all government transactions done by agency banks for FY2022-23 should be accounted for within the same financial year.

RBI directs banks to keep branches open till 31 March for annual closing

Financial Year Closing: Preparations are going on around the country for the end of the financial year and employees of banks, offices and institutions are working hard for this annual closing.