Special Clearing operations on March 30 and 31, 2015 - RBI instructions
WITH a view to facilitate accounting of all the Government transactions for the current financial year (2014-2015) by March 31, 2015, RBI has decided to conduct special clearing at all clearing houses across the country on March 30 and 31, 2015.
All member banks of the Clearing House are required to keep their inward clearing processing infrastructure open during the Special Clearing hours and maintain sufficient balance in their clearing settlement account to meet settlement obligations arising out of the Special Clearing.