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TMI BlogRBI to work on July 1, 2015 to facilitate public transactions - The Reserve Bank’s accounting year is July to June.X X X X Extracts X X X X X X X X Extracts X X X X ..... RBI to work on July 1, 2015 to facilitate public transactions - The Reserve Bank’s accounting year is July to June. - News and Press Release Dated:- 30-6-2015 - News - On a review and in order to fa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... cilitate the settlement of market transactions, as also, to aid the transactions of the general public, the Reserve Bank of India has decided that it will remain open for public transactions on July 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 2015. Normally, the Reserve Bank remains closed for public transactions every July 1 on account of its annual closing of accounts. The Reserve Bank s accounting year is July to June. In view of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he annual closing of its books of account, however, on July 1, 2015 services, such as, RTGS/ NEFT, transfer of funds and settlement of securities will be available from 11.00 a.m. onwards; s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ettlement of funds as well as securities for all transactions that settle on T+0 basis will be effected from 11.00 a.m. onwards; settlement of all outstanding transactions under the Reserve Bank s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... liquidity adjustment facility(LAF) / marginal standing facility (MSF) due for reversal will take place at 11.00 a.m. on that day; and the morning LAF window will operate between 11.30 a.m. and 12.3 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0 p.m. Ajit Prasad Assistant General Manager - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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