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Banks to remain open till 8 PM on Mar-31

Updated: Mar 30, 2016 11:37:21am
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New Delhi, Mar 30 (KNN)  With a view to helping tax payers make their payment on time, the Reserve Bank of India has asked all agency banks to remain open until 8 PM on March-31, which is the last day of the assessment year.

“In view of closing of the current financial year and to facilitate the tax-payers in payment of taxes, the Reserve Bank of India has issued instructions vide notification RBI/2015-16/342 dated March 17, 2016 directing all agency banks to keep the counters of their designated branches conducting government business open till 8.00 p.m. on March 31, 2016,” a release from the Ministry of Finance said today.

All electronic transactions would however, continue till midnight of March 31, 2016, it added.  (KNN Bureau)

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