Govt. Fixes April 10, 2025, as the Date for Closure of Residual Transactions of Banks for March 2025 | RBI

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  • By Chetan Kulasri
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  • Last Updated on 4 March, 2025

Closure of Residual Transactions

Circular No. RBI/2024-25/122 CO.DGBA.GBD.No.S954/42-01-029/2024-2025; Dated: 28.02.2025

The Government has decided that the date for closure of residual transactions for March 2025 be fixed as April 10, 2025. The Nodal/Focal Point branches must ensure that the accounts for all transactions (revenues/tax collections/payments) are effected at the receiving branches up to March 31, 2025 in the accounts for the current financial year itself and are not mixed up with the transactions of April 2025.

Click Here To Read The Full Circular

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