Business Standard

Monday, December 23, 2024 | 07:41 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

e-Kuber to be functional on March 31 for govt transactions, says RBI

Government transactions through integration with e-Kuber processed on March 31, 2024 would be accounted for in the financial year 2023-24 itself for arriving at the cash balance of the government

RBI, SHAKTIKANTA DAS, RESERVE BANK OF INDIA

Press Trust of India Mumbai

Listen to This Article

Reserve Bank of India's core banking solution for the government e-Kuber will be functional on March 31, 2024, which is a Sunday.

Usually e-Kuber is not operational on holidays like January 26 (Republic Day), August 15 (Independence Day), and October 2 (Gandhi Jayanti), all second and fourth Saturdays of every month and on all Sundays.

The office of Controller General of Accounts, Government of India has advised that in order to account for all the government transactions relating to receipts and payments in the financial year 2023-24 itself, it has been decided that March 31, 2024 (Sunday) be marked as a working day for such transactions, RBI said in a notification on Tuesday.

 

Government transactions through integration with e-Kuber processed on March 31, 2024 would be accounted for in the financial year 2023-24 itself for arriving at the cash balance of the Government of India, it said.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 03 2023 | 8:27 PM IST

Explore News