Banks to remain closed for three days in some cities

All the banks around the country will remain closed for 2-3 days this week. As per the Reserve Bank of India (RBI) holiday calendar, banks were closed on Monday on account of Bakri Id or Id-ul-Zuha.

Banks Close

On Thursday, banks will be shut on account of Independence Day and Rakshabandhan festival.

However, in most of the cities, banks will remain open on Saturday as it is the third Saturday of the month. Banks as per the rules remain closed on the second and fourth Saturdays of every month.

In Maharashtra’s Mumbai and Nagpur, banks will, however, be shut this Saturday due to Parsi New Year under the Negotiable Instruments Act. In other cities like Delhi, Bengaluru, Chennai, etc, banks will remain open on Saturday.

Later on, in the second half of this month banks will again be closed either on 23rd or 24th on account of Krishna Janmashtmi.

The Banking & Finance Post is an initiative of Elets Technomedia Pvt Ltd, existing since 2003.
Now, Elets' YouTube channel, a treasure of premier innovation-oriented knowledge-conferences and awards, is also active. To Subscribe Free, Click Here.

Get a chance to meet the Who's who of the BFSI industry. Join Us for 3rd Cloud & Security Summit, Mumbai and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.