https://www.taxtmi.com/news?id=11318 Annual closing of accounts at the Reserve Bank causes the bank's books to be closed on the specified date, preventing processing of same-day (T+0) settlements; transactions that settle on later value dates may proceed as usual. RTGS, fund transfers and securities settlement services will be unavailable on that date, requiring market participants to adjust settlement and liquidity arrangements. en-us Sat, 29 Jun 2013 12:19:32 +0530 Sat, 29 Jun 2013 12:19:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=11318 Annual closing of accounts at the Reserve Bank causes the bank's books to be closed on the specified date, preventing processing of same-day (T+0) settlements; transactions that settle on later value dates may proceed as usual. RTGS, fund transfers and securities settlement services will be unavailable on that date, requiring market participants to adjust settlement and liquidity arrangements. News - Sat, 29 Jun 2013 12:19:32 +0530 https://www.taxtmi.com/news?id=11318