What changed
March 30, 2025, which falls on a Sunday and is normally a global holiday for e-Kuber, has been designated a working day specifically for government transactions. The e-Kuber system will accept and process government receipts, payments, and luggage files from banks on that date.
What it means for you
Agency banks must ensure their systems and staff are operational on March 30, 2025, to process government transactions and submit luggage files to e-Kuber within the cut-off time. This will allow accurate closing of central and state government cash balances for FY 2024-25. Banks should coordinate with their treasury and IT teams to avoid any last-minute glitches.
What you must do
- Confirm your bank's readiness to process government transactions on March 30, 2025, including staff availability and system connectivity.
- Ensure luggage files for government transactions are submitted to e-Kuber by the stipulated cut-off time on March 30.
- Update internal calendars and communicate the working day status to all relevant branches and departments handling government business.
- Test integration with e-Kuber ahead of March 30 to avoid any technical issues on the day.
Who it affects
All agency banks handling government transactions, Treasury and IT departments of scheduled commercial banks, Branches dealing with central and state government receipts/payments
Why is March 30, 2025 being treated as a working day for e-Kuber?
The Controller General of Accounts advised that all government transactions for FY 2024-25 must be accounted within the financial year. Since March 30 falls on a Sunday, RBI decided to keep e-Kuber open for government transactions to ensure accurate closing of cash balances.
Will e-Kuber process non-government transactions on March 30, 2025?
No. The circular specifies that e-Kuber will be open only for government transactions on that day. Other transactions will not be processed.
What is the cut-off time for submitting luggage files on March 30?
The circular does not specify a precise time, but states that luggage files will be accepted up to the stipulated cut-off time for accounting on the same day. Banks should refer to their existing e-Kuber guidelines for the exact cut-off.