Status of March 31, 2024 for Government transactions through integration with e-kuber system of RBI: CGA

Status of March 31, 2024 for Government transactions through integration with e-kuber system of RBI: CGA, FinMin OM dated 19.10.2023

Ministry of Finance
Department of Expenditure
Controller General of Accounts
Mahalekha Niyantrak Bhawan,
E-Block, GPO Complex, INA
New Delhi — 110 023

No. R-16001/1/2020-GBA-CGA/695-697

Dated: 19th October, 2023

Office Memorandum

Sub:- Status of March 31, 2024 for Government transactions through integration with e-kuber system of RBI

The ‘e-Kuber’ system of the Reserve Bank of India (RBI) does not process any Government transactions on global holidays (which are the 26th of January, 15th of August, 2nd of October, all 2nd and 4th Saturdays of a month, and all Sundays). It is observed that March 31, 2024, falls on a Sunday.

2. 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 in consultation with DGBA, RBI that March 31, 2024 (Sunday) be marked as a working day for the Government transactions so that all the Government transactions on e-Kuber are processed on March 31, 2024 and accounted for in the financial year 2023-24 itself for arriving at the cash balance of the Government of India as on March 31, 2024. All the luggage files from banks for transferring the data related to Government transactions to RBI will also be accepted by the e-Kuber system on March 31, 2024, to account for the same in the Financial Year 2023-24.

3. DGBA, RBI vide circular dated 3rd October 2023 (copy enclosed) has also issued necessary instructions to the Agency Banks in this regard.

(Parul Gupta)
Deputy Controller General of Accounts (GBA)
Encl. as above

To
1. All the Pr. CCAs/CCAs/CAs (Independent Charge) of all the Ministries/Departments
2. Chief General Manager, Department of Government0 and Banks Accounts, Reserve Bank of India, Mumbai
3. General Manager (Government Business) of all the Agency Banks accredited with Ministries/Departments

Source: CGA