RBI Directs Agency Banks to Remain Open on 31 March 2026

RBI agency banks

Circular no. RBI/2025-26/204 DoR.CO.SOG(Leg) No.401/09.08.024/2025-26; Dated: 03.02.2026

The Government of India has requested that all bank branches handling Government receipts and payments remain open for public transactions on 31 March 2026 (Tuesday), even though the day is a public holiday.

1. Purpose of Keeping Banks Open

The measure has been taken to ensure that all Government transactions relating to receipts and payments are properly accounted for within the Financial Year 2025–26, which concludes on 31 March 2026.

Keeping bank branches operational on this day will facilitate:

  • Timely accounting of Government receipts
  • Settlement of Government payments
  • Smooth closure of accounts for the financial year

2. RBI Direction to Agency Banks

Pursuant to the Government’s request, the Reserve Bank of India has issued directions to all agency banks to keep their designated branches open on Tuesday, 31 March 2026.

Agency banks are required to ensure that branches dealing with Government business are fully functional for the purpose of processing Government-related transactions.

3. Applicability

This directive applies to:

  • All agency banks
  • Bank branches authorised to handle Government receipts and payments

The instruction is limited to Government transactions and does not necessarily extend to all regular banking services unless otherwise specified by the respective banks.

4. Date to Note

  • Operational Date  Tuesday, 31 March 2026
  • Occasion  Public Holiday
  • Purpose  Closure and accounting of Government transactions for FY 2025–26
Click Here To Read The Full Circular

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