Mumbai: All banks, including private sector lenders, will remain open till 5 pm on Saturday for special clearings of government transactions for 2011-12. The Reserve Bank has directed private and public sector banks to remain open on March 31, 2012, with a view to facilitate accounting of all government transactions for the current financial year 2011-12. Banks have also been advised to ensure that the clearing houses under their jurisdiction conduct business keeping in view the operational convenience at the local centres. This is to ensure that instruments relating to revenue received from members of the public are realised and the proceeds are credited to government account by March 31, 2012. Next week, banks will remain closed for three days -- April 2, 5 and 6 -- because of annual closing, Mahavir Jayanti and Good Friday, respectively. 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