Stocks

Is it a bank holiday today?

Banks in some cities in Maharashtra are closed due to Parsi New Year (Shahenshahi). While banks in other states are open today, except for in Maharashtra where banks are closed today due to Parsi New Year.

As per the Reserve Bank of India‘s (RBI) calendar list all banks are closed on public holidays, despite the fact that some holidays differ by state. All national banks only observe the days that the government has set aside as holidays.

The second and fourth Saturdays of each month, as well as every Sunday, banks will be closed for both private and public sector institutions nationwide.

For the remaining month of August, banks in certain states will be closed for these festivals: Janmashtami, Tithi of Srimanta Sankardeva, Ganesh Chaturthi.

The holidays are designated by the RBI are as follows: Holiday under the Negotiable Instruments Act; Holiday under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Account.


Source link

Leave a Reply

Your email address will not be published.

Back to top button