Normal clearing timings as applicable to any working ‘Friday’ shall be followed on 31.03.2023: RBI
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- Last Updated on 1 April, 2023
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Notification No. RBI/2022-23/190 CO.DPSS.RPPD.No.S2185/03-01-002/2022-2023, dated: 29.03.2023
The RBI has directed that normal clearing timings as applicable to any working “Friday” shall be followed on March 31, 2023. To facilitate accounting of Govt. transactions for the current financial year by 31.03.2023, RBI has decided to conduct Special Clearing exclusively for Government Cheques across the three CTS grids in New Delhi, Chennai and Mumbai. The presentation clearing will be done between 5:00 and 5:30 pm and the return clearing will be done between 7:00-7:30 pm.
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