More Banks join the PFMS system

Readers may recollect our Blog post of
26th December 2017 wherein we had said that if your NGO/NPO receives or expects
to receive government grants or is registered under FCRA 2010 or has prior
permission to receive funds from a foreign source, please ensure that the bank
where you have your FCRA account or FCRA utilization account is integrated with
the Public Financial Management Systems (PFMS)! At that point in time just 32
Banks were PFMS compliant. The number has now shot up to 53 and will possibly
keep growing.



The list of these 53 Banks can be verified on the
following link on the Ministry of Home Affairs’ website: https://fcraonline.nic.in/fc_bank_list.aspx

List of banks integrated with PFMS
Sr.
No.
Bank
Name
1
ABU DHABI COMMERCIAL BANK
2
ALLAHABAD BANK
3
ALLAHABAD UP GRAMIN BANK
4
ANDHRA BANK
5
ANDHRA PRAGATHI GRAMEENA BANK
6
AXIS BANK
7
BANK OF BARODA
8
BANK OF INDIA
9
BANK OF MAHARASHTRA
10
BASSEIN CATHOLIC CO-OP.BANK LTD.
11
BOMBAY MERCANTILE CO-OP.BANK LTD.
12
CANARA BANK
13
CATHOLIC SYRIAN BANK LTD.
14
CENTRAL BANK OF INDIA
15
CITIBANK
16
CITY UNION BANK LTD
17
CORPORATION BANK
18
DCB BANK LIMITED
19
DENA BANK
20
DEUTSCHE BANK
21
DHANLAXMI BANK LTD
22
HDFC BANK LTD
23
HSBC
24
ICICI BANK LTD
25
IDBI BANK LTD
26
INDIAN BANK
27
INDIAN OVERSEAS BANK
28
INDUSIND BANK LIMITED
29
KARNATAKA BANK
30
KARUR VYSYA BANK
31
KOTAK MAHINDRA BANK
32
MADHYA BIHAR GRAMIN BANK
33
MANIPUR STATE CO-OP.BANK LTD.
34
NEW INDIA CO-OPERATIVE BANK LTD
35
ORIENTAL BANK OF COMMERCE
36
PUNJAB AND SIND BANK
37
PUNJAB NATIONAL BANK
38
SOUTH INDIAN BANK
39
STANDARD CHARTERED BANK
40
STATE BANK OF INDIA
41
SYNDICATE BANK
42
TAMILNAD MERCANTILE BANK LTD
43
THE COSMOS CO-OPERATIVE BANK LTD.
44
THE FEDERAL BANK LTD
45
THE JAMMU AND KASHMIR BANK LTD
46
THE RATNAKAR BANK LTD
47
THE SARASWAT CO-OPERATIVE BANK LTD
48
THE SHAMRAO VITHAL CO-OPERATIVE
BANK LIMITED
49
UCO BANK
50
UNION BANK OF INDIA
51
UNITED BANK OF INDIA
52
VIJAYA BANK
53
YES BANK LTD

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