All public and private sector banks will not operate for the next three days starting from today. The banks will remain closed on the account of Maha Shivratri today, tomorrow is fourth Saturday and regular holiday for banks. Similarly, the day after tomorrow is Sunday.
Besides, there are several other festivals this month due to which the banks will remain closed for ten days.
As a matter of fact, next month banks have declared a three-day strike from March 11-13 that falls on Wednesday, Thursday and Friday.
And as per the RBI regulations, all the banks will remain closed on the Second and Fourth Saturdays of the month.
This suggests that it is important for the customers to plan their bank visit accordingly so, that their financial transactions are not halted and they do not face any cash crunch due to shortage of banknotes in ATMs due to bank holidays.
For convenience and better planning, it is better to check the list of holidays on the official website of Reserve Bank of India (RBI). Last month, banks were closed for 7 days including Saturdays and Sundays. Meanwhile, the customers should keep this in mind that all private and public sector banks are closed on the second and fourth Saturdays of every month.
