THEBUSINESSBTES BUREAU
NEW DELHI, FEBRUARY 27, 2026
In a decisive push to modernise government banking operations and
strengthen financial governance, the Controller General of Accounts (CGA)
T.C.A. Kalyani on Friday launched the Government Bank Dashboard and the
Government Bank Manual, two reform-driven initiatives designed to reduce
operational risk and enhance accountability in the handling of public funds.
The Government Bank Manual establishes a comprehensive and standardised
framework for banks engaged in government business. By clearly defining
operational procedures, reporting obligations, reconciliation timelines and
compliance requirements, the manual aims to eliminate ambiguity and ensure
uniform practices across institutions. The move is expected to streamline
processes, improve transparency and reinforce institutional responsibility in
managing government transactions.
Complementing this, the Government Bank Dashboard introduces real-time,
data-driven monitoring of key banking functions. It tracks critical performance
indicators including remittance timelines, scroll compliance, reconciliation
status, transaction success rates and adherence to service-level benchmarks.
This marks a shift from post-facto corrective mechanisms to proactive
oversight, enabling early detection of discrepancies and faster resolution.
Kalyani underscored that the reforms institutionalise objective benchmarks and shared accountability among stakeholders while safeguarding public resources. The next phase will focus on deeper digital integration, enhanced cybersecurity architecture, advanced analytics and capacity building to further modernise the government banking ecosystem.
The CGA, which frames the principles of government accounting for the Union and states, also oversees reconciliation of the Union government’s cash balance with the Reserve Bank, maintenance of accounting standards across Central Civil Accounts Offices, consolidation of monthly accounts, expenditure and revenue trend analysis, and preparation of annual financial statements including Civil Appropriation Accounts.
