Rule 12 — RPR
RPR
Original Rule Text
12. Extent of responsibility of Reserve Bank and bank.– (1) Nothing contained in, or in the application of these rules shall have effect so as to impose upon the Reserve Bank in connection with the business of the Government any responsibility not imposed upon it by the Reserve Bank of India Act, 1934 (2 of 1934).
(2) The bank shall be kept open for the conduct of Government transactions on a recognised holiday, or beyond normal business hours on any day (e.g. on the last working day of March every year), if so required by the Controller General of Accounts, or by any authority or authorities so nominated.