More Banks join the PFMS system

Readers may recollect our Blog post of 26^th 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