Special Clearing operations on March 30 and 31, 2016

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..... perative Banks / District Central Co-operative Banks/Local Area Banks Madam / Dear Sir, Special Clearing operations on March 30 and 31, 2016 A reference is invited to the circular issued by our Department of Government and Bank Accounts (DGBA.GAD.No.2969/42.01.029/2015-16 dated March 17, 2016) on Annual Closing of Government Accounts - Transactions of Central / State Governments - Spe .....

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..... , 2016 (Thursday) Normal Clearing as followed on any working Thursday In addition, a Special Clearing exclusively for Government transactions (receipts and payments) with return clearing on the same day as per the schedule indicated below. Schedule for various types of clearing a. CTS grid locations (Chennai, Mumbai and New Delhi) .....

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..... view the operational convenience at the local center Half an hour/One hour after the presentation clearing keeping in view the operational convenience at the local center. 3. It is mandatory for all banks to participate in the special clearing operations on these two days. All member banks of the Clearing House are required to keep their inward clearing processing i .....

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