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All payment systems to remain closed on April 1, 2017

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..... All payment systems to remain closed on April 1, 2017 - News and Press Release Dated:- 30-3-2017 - News - RBI/2016-17/260 DPSS.CO.CHD.No./2720/03.01.03/2016-17 March 29, 2017 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including Regional Rural Banks/ Urban Co-operative Banks / State Co-operative Banks / District Central Co-o .....

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..... perative Banks/Local Area Banks Dear Sir/ Madam, All payment systems to remain closed on April 1, 2017 A reference is invited to the our recent circular RBI/2016-17/257DPSS.CO.CHD.No./2695/03.01.03/2016-17 dated March 25, 2017 stating that all payment systems, including RTGS and NEFT would operate, as on a normal working day, during the period March 25 to April 1, 2017 (including Satur .....

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..... day, Sunday and all holidays). However, on reconsideration, it has been decided that all payment systems will remain closed on April 1, 2017 . A separate broadcast message in this regard will be issued through the respective system to the member banks. 2. In this context it is clarified that our instructions issued vide RBI/2016-17/255 DPSS.CO.CHD.No./2656/03.01.03/2016-17 dated March 23, 2017 .....

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..... (on conducting Special Clearing operation on March 30 and 31, 2017) remains unchanged. Yours faithfully (Nanda S. Dave) Chief General Manager-in-Charge - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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