Agency Banks Must Open on March 31, 2025 for Govt Transactions
No longer current — withdrawn, no replacement on file yet
Source: Reserve Bank of India · RBI/2024-25/112 · issued 11 Feb 2025 · ~1 min read
Quick answerRBI mandates all agency bank branches handling government business to remain open on March 31, 2025 (Monday, a public holiday) to process all government receipts and payments for FY 2024-25. Banks must publicize this.
What changed
RBI has directed all agency banks to keep branches dealing with government receipts and payments open on March 31, 2025, which is a public holiday. This is to ensure all government transactions for the financial year 2024-25 are accounted for within the same year.
What it means for you
Banks handling government business must operate on a public holiday to avoid any pending government receipts or payments spilling into the next financial year. This ensures accurate closure of government accounts for FY 2024-25. Banks need to arrange staffing and inform customers about the extended service.
Historical instruction — do not use for current compliance. This is what was required at the time; it no longer reflects current RBI requirements. If no replacement rule is linked above, that only means none is recorded on our register yet — it does not prove no later applicable rule exists. Confirm on the official RBI source below.
What banks were required to do at the time
Ensure all branches handling government business are open on March 31, 2025.
Give due publicity about the availability of banking services on this day.
Coordinate with government departments to process all receipts and payments on March 31.
Who it affects
All agency banks, Branches dealing with government receipts and payments, Government departments, Customers transacting with government
❓ Common questions
Regulatory timeline
Decoded by BankPulse2026-06-18 02:33 IST
Status change: withdrawn03 Aug 2026, 04:00 IST
Built from our lineage records — each fact carries its provenance; missing history simply is not shown (never guessed).
Why must agency banks open on March 31, 2025, a public holiday?
The Government of India requested to account for all government transactions in FY 2024-25 itself, so RBI directed agency banks to remain open on that day.
Which branches need to be open on March 31, 2025?
Only branches that deal with government receipts and payments are required to be open for public transactions on that day.
Do banks need to inform customers about this?
Yes, banks must give due publicity about the availability of banking services on March 31, 2025.
📜 Read the original circular — full text as issued by RBI
RBI/2024-25/112
DOR.CO.SOG(Leg) No.59/09.08.024/2024-25
February 11, 2025
All Agency Banks
Madam / Dear Sir
All Agency Banks to remain open for public on March 31, 2025 (Monday)
The Government of India has made a request to keep all branches of the banks dealing with Government receipts and payments open for transactions on March 31, 2025 (Monday-Public Holiday) so as to account for all the Government transactions relating to receipts and payments in the Financial Year 2024-25 itself. Accordingly, Agency Banks are advised to keep all their branches dealing with government business open on March 31, 2025 (Monday).
2. Banks shall give due publicity about the availability of above banking services on this day.
Yours faithfully
(Sunil T S Nair)
Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2024-25/112 · issued 11 Feb 2025. The plain-English explanation above is BankPulse’s own independent summary.
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=12778&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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