‘e-Kuber’ Portal to Remain Functional on 31.03.2024 (Sunday) for Processing of Govt. Transactions | RBI
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- Last Updated on 5 October, 2023
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Circular No. RBI/2023-24/65 CO.DGBA.GBD.No.S646/42-01-029/2023-2024, Dated 03.10.2023
The ‘e-Kuber’ which is the Core Banking Solution platform of RBI for Government and other payments does not process any Govt. transactions on global holidays (i.e., 26th Jan, 15th Aug, 2nd Oct, all 2nd and 4th Saturdays and on all Sundays).
The RBI observed that 31.03.2024 is Sunday. Hence, it has been decided that 31.03.2024 be marked as a working day for the Govt. transactions. This step ensures that all transactions integrated with e-Kuber are processed on 31.03.2024 and accounted for in FY 2023-24 itself for arriving at the cash balance of the Government of India as on 31.03.2024.
Also, the luggage files from banks for transferring the data related to Government transactions to RBI would also be accepted by the e-Kuber system on 31.03.2024 for accounting of the same in the account for the financial year 2023-24.
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