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RBI to work on July 1 2015 to facilitate public transactions - The Reserve Bank s accounting year is July to June.

Dated:- 30-6-2015 - On a review and in order to facilitate 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, 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 the annual closing of its books of account, however, o .....

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