March 31, 2024: Sunday declared working day for govt transactions on e-Kuber
Current · Source: Reserve Bank of India · RBI/2023-24/65 · issued 03 Oct 2023 · ~2 min read
Quick answerRBI has declared March 31, 2024 (Sunday) a working day for government transactions on e-Kuber to ensure all FY2023-24 receipts and payments are accounted within the financial year. Agency banks must process and submit luggage files on that day.
The rule, in the simplest words
March 31, 2024 (a Sunday) is now a working day for government money moves on e-Kuber (RBI's computer system for government payments).
Banks that handle government money must process all government receipts (money coming in) and payments (money going out) on that Sunday.
Banks must also send 'luggage files' (data packets of government transactions) to RBI on March 31, 2024.
This is done so all money for the financial year 2023-24 (April 2023 to March 2024) is counted correctly in the government's cash balance.
How it plays out — a real example
Priya, an agency-banking (government business) officer in Indore, gets a call from her treasury head on March 30: 'Tomorrow is a working day for government transactions on e-Kuber.' She ensures her branch's e-Kuber system is active and staffed on Sunday, March 31, so all government receipts and payments from that day are processed and accounted in FY2023-24, avoiding any misreporting.
What changed
RBI, following advice from the Controller General of Accounts, has marked March 31, 2024 (a Sunday) as a working day specifically for government transactions processed through e-Kuber. This overrides the usual rule that e-Kuber does not process government transactions on Sundays or other global holidays. Banks must also submit luggage files for government transaction data to RBI on that day.
What it means for you
Agency banks must ensure their systems and staff are operational on March 31, 2024 to process all government receipts and payments via e-Kuber. This is critical for accurate cash balance reporting for the Government of India as of March 31, 2024. Failure to process on that day could lead to misreporting of FY2023-24 figures.
What you must do
Ensure your bank's e-Kuber integration is active and staffed on March 31, 2024 (Sunday) for government transactions.
Process all government receipts and payments on March 31, 2024 to account them in FY2023-24.
Submit luggage files for government transaction data to RBI on March 31, 2024 as per e-Kuber system requirements.
Communicate this working day exception to all relevant branches and departments handling government business.
Who it affects
All agency banks handling government transactions, Bank branches processing government receipts and payments, Treasury and government accounting departments within banks, IT teams managing e-Kuber integration
❓ Common questions
Why is March 31, 2024 being treated as a working day for government transactions?
March 31, 2024 falls on a Sunday, which is normally a global holiday for e-Kuber. To ensure all government receipts and payments of FY2023-24 are accounted within that financial year, RBI has declared it a working day specifically for these transactions.
Does this mean all bank operations must be open on March 31, 2024?
No, only government transactions processed through e-Kuber are affected. Other banking operations may remain closed as per usual Sunday schedule, unless your bank decides otherwise.
What happens if we don't process government transactions on March 31, 2024?
Those transactions would not be accounted in FY2023-24, potentially causing discrepancies in the Government of India's cash balance as of March 31, 2024. RBI expects strict compliance.
📜 Read the original circular — full text as issued by RBI
RBI/2023-24/65
CO.DGBA.GBD.No.S646/42-01-029/2023-2024
October 03, 2023
All Agency Banks
Madam/Dear Sir,
Status of March 31, 2024 for Government transactions through integration with e-Kuber
The ‘e-Kuber’ which is the Core Banking Solution platform of RBI for Government and other payments does not process any Government transactions on Global holidays (which are 26th January, 15th August, 2nd October, all 2nd and 4th Saturdays of a month and on all Sundays). It is observed that March 31, 2024 falls on a Sunday. The office of Controller General of Accounts, Government of India has advised 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 March 31, 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.
2. 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 accounting of the same in the account for the financial year 2023-24.
Yours faithfully
(Indranil Chakraborty)
Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2023-24/65 · issued 03 Oct 2023. The plain-English explanation above is BankPulse’s own independent summary.
Communicate this working day exception to all relevant branches and departments handling government business.
💻 IT / Systems
Submit luggage files for government transaction data to RBI on March 31, 2024 as per e-Kuber system requirements.
📜 Compliance
Ensure your bank's e-Kuber integration is active and staffed on March 31, 2024 (Sunday) for government transactions.
Process all government receipts and payments on March 31, 2024 to account them in FY2023-24.
Grouped from the action items above — a single circular may involve more than one team.
Worked example & action-note template
Example: if you are a Compliance officer at a bank this circular applies to (All agency banks handling government transactions, Bank branches processing government receipts and payments, Treasury and government accounting departments within banks, IT teams managing e-Kuber integration), your first concrete step on “March 31, 2024: Sunday declared working day for govt transactions on e-Kuber” is: “Ensure your bank's e-Kuber integration is active and staffed on March 31, 2024 (Sunday) for government transactions.” (RBI issued this 03 Oct 2023).
Circular: RBI/2023-24/65 -- March 31, 2024: Sunday declared working day for govt transactions on e-Kuber
Issued: 03 Oct 2023
Action required: Ensure your bank's e-Kuber integration is active and staffed on March 31, 2024 (Sunday) for government transactions.
Action required: Process all government receipts and payments on March 31, 2024 to account them in FY2023-24.
Action required: Submit luggage files for government transaction data to RBI on March 31, 2024 as per e-Kuber system requirements.
Action required: Communicate this working day exception to all relevant branches and departments handling government business.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
Discuss this circular with fellow bankers — reply, upvote what helps, report what doesn’t belong. Be professional; no client data. Views are the commenter’s own, not BankPulse’s.
BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12541&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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