Last Update: April 21, 2023, 20:53 IST
On holidays, online and net banking services remain operational.
Public and private sector banks in India will remain closed on Saturday, April 22, on the occasion of Eid-ul-Fitr.
Public and private sector banks in India will remain closed on Saturday, April 22. sweet eid, As per the holiday schedule provided by the Reserve Bank of India (RBI), this year the bank holiday for Eid-ul-Fitr will fall on the fourth Saturday of the month, which is a non-working day. However, on account of Eid-ul-Fitr (Ramadan Eid)/Garia Puja/Jumat-ul-Vida, Friday, April 21 has also been declared a holiday in some banking sectors. In India, bank holidays are divided into two categories. – National holidays and government holidays.
National holidays, also known as gazetted holidays, include three days: Republic Day, Independence Day and Mahatma Gandhi Jayanti. Banks and financial institutions remain closed on these days.
Government holidays are further classified as State Government Bank Holidays and Central Government Bank Holidays. Central government bank holidays are observed throughout the country, while state government bank holidays apply to specific states.
For example, Maharashtra Day is a bank holiday in Maharashtra, Goa Liberation Day is a bank holiday in Goa, and Haryana Day is a bank holiday in Haryana.
Apart from national and government holidays, banks in India are also closed on the second and fourth Saturdays of every month. However, if there are five Saturdays in a particular month, then the fifth Saturday is a working day for banks. Earlier banks used to work only for half a day on Saturdays.
During April 2023, many private and public sector banks in India will remain closed for a total of 15 days, including weekends, due to bank holidays. The closure will be as per the guidelines of the Reserve Bank of India (RBI) and will include second and fourth Saturdays as well as Sundays.
According to the official holiday calendar of the Reserve Bank of India (RBI), both public and private sector banks in India will be closed for Eid-ul-Fitr or Ramzan Eid/Garia Puja/Jumat-ul-Vida on Friday, April 21. , and for Eid-ul-Fitr or Ramzan Eid on Saturday, April 22. However, some areas including Agartala, Jammu, Kochi, Srinagar, and Thiruvananthapuram will have a holiday only on April 21, while others such as Belapur, Bhopal, Chennai, Dehradun, Guwahati, Hyderabad, Imphal, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong and Srinagar will remain closed on both April 21 and April 22. It is advised to contact your local bank branch to confirm the holiday schedule.
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