Banks to have extended working hours on March 30, 31: RBI

The Reserve Bank of India (RBI) asked banks to have extended working hours on March 30 and 31, 2011, to facilitate receipt of government revenue from members of public even at late hours.

It has been decided in consultation with the Controller General of Accounts that all regional offices of RBI and branches of agency banks conducting government business will suitably extend the banking hours to conduct government business by keeping their counters open for the purpose on March 30 and 31, 2011, the central bank said in a statement.

This will facilitate receipt of revenue from members of public even at late hours, it said.

It will help in accounting of all the government transactions of the current financial year (2010-11) by March 31, 2011, it added.

Source: Business Standard