RBI directs banks to remain open on all days till April 1 2017 to facilitate govt receipt and payment functions

In order to facilitate tax collection and other government receipts and payment functions, all agency banks, including most PSU and some private sector banks and some offices of Reserve Bank of India (RBI) will remain open on all days from March 25 to April 1.

"To facilitate government receipt and payment functions, all Agency Banks have been advised to keep all their bank branches dealing with government business open on all days in the current financial year and on April 1, 2017 (including Saturday, Sunday and all holidays)," RBI said in a statement on its website on Friday.

RBI's concerned departments undertaking government business will also remain open on the above days.

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