Are banks open today? Check which services are available in your city on Sunday

"Agency Banks are advised to keep all their branches dealing with government business open on March 31," RBI said in a statement.

Published on: Mar 31, 2024, 08:23:13 IST

By HT News Desk

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Banks will remain open across the country on Sunday on account of the end of the financial year 2024. However, their operations will primarily focus on handling government receipts and payments on March 31.

Wondering if banks are open today? Check out the list of 33 banks operational on March 31. (Bloomberg File Photo)

"Agency Banks are advised to keep all their branches dealing with government business open on March 31," the Reserve Bank of India (RBI) said in a statement.

Which banking services will be available today?

• Agency banks are advised to process all government account cheques for clearing by RBI.

• Normal NEFT and RTGS transactions will be functional on March 31.

• Agency banks will handle revenue receipts, government pension payments, and state/central government transactions.

• Tasks involving bonds and savings bonds transactions, including Kisan Vikas Patra, 2014, Sukanya Samriddhi Account, PPF, Special Deposit Scheme, and Senior Citizen Savings Scheme will be managed by the banks.

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List of Agency banks

Scheduled Public Sector Banks (post-amalgamation):

1. Bank of Baroda

2. Bank of India

3. Bank of Maharashtra

4. Canara Bank

5. Central Bank of India

6. Indian Bank

7. Indian Overseas Bank

8. Punjab and Sind Bank

9. Punjab National Bank

10. State Bank of India

11. UCO Bank

12. Union Bank of India

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Scheduled Private Sector Banks:

13. Axis Bank Ltd.

14. City Union Bank Ltd.

15. DCB Bank Ltd.

16. Federal Bank Ltd.

17. HDFC Bank Ltd.

18. ICICI Bank Ltd.

19. IDBI Bank Ltd.

20. IDFC FIRST Bank Ltd.

21. IndusInd Bank Ltd.

22. Jammu and Kashmir Bank Ltd. (Approved for limited agency business)

23. Karnataka Bank Ltd.

24. Karur Vysya Bank Ltd.

25. Kotak Mahindra Bank Ltd.

26. RBL Bank Ltd.

27. South Indian Bank Ltd.

28. Yes Bank Ltd.

29. Dhanlaxmi Bank Ltd.

30. Bandhan Bank Ltd.

31. CSB Bank Ltd.

32. Tamilnad Mercantile Bank Ltd.

Foreign Banks:

33. DBS Bank India Limited

DBS Bank has clarified that while they have been authorised for agency business by the RBI, their integration process for these services is still ongoing. As these services have not been launched yet, their branches will remain closed on March 31.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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