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Special Clearing operations on March 30 and 31 2016

RBI - RBI/2015-16/347 DPSS.CO.CHD.No./2313/03.01.03/2015-16 - Dated:- 28-3-2016 - RBI/2015-16/347 DPSS.CO.CHD.No./2313/03.01.03/2015-16 March 28, 2016 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-operative Banks/Local Area Banks Madam / Dear Sir, A reference is invited to the circular issued by our Department of Government and Bank Accounts (DGB .....

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tation clearing Return clearing March 30, 2016 (Wednesday) Normal Clearing as followed on any working Wednesday 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. March 31, 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 .....

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d non-CTS-2010 standard instruments together. No segregation is required. b. Special clearing in non-MICR/ECCS clearing houses Presentation clearing Return clearing One hour after the extended business hours keeping in 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 mem .....

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