RBI Mandates Banks Open on March 31 Despite Holiday for Government Transactions

• RBI directs all bank branches handling government transactions to remain open on March 31, 2026.
• March 31, 2026, is a public holiday due to Mahavir Jayanti.
• The directive ensures all government receipts and payments are processed within the 2025–26 financial year.
• Agency banks are advised to keep branches engaged in government business operational.
• RBI Chief General Manager Sudarsana Sahoo instructed banks to publicise service availability.

Why It Matters: RBI mandates banks to operate on March 31 holiday to complete government financial year transactions.