New Delhi: Reserve Bank of India has published a list of holidays for the year 2021 in its annual list. According to this, all public and private sector banks in India will remain closed for 12 days including weekends in December. During the month of December, the RBI list mentions up to seven holidays including Christmas.
On the other hand, Christmas falls on the fourth Saturday of the month, which is a bank holiday. As a result of the overlapping bank holiday, banks will have 12 days off this month. The RBI holiday list is divided into three categories: state-specific holidays, religious holidays and festivals.
On that topic, keep in mind that they are statewide holidays, so you shouldn’t be too concerned. For this reason, only a few bank branches in each state will remain closed on the above days. They are usually not uniform in nature, except for a few days. For example, in Goa, the Feast of St. Francis Xavier will be observed on December 3 as a bank holiday, although services will be available in other regions of the country. Consequently, bank customers are generally advised to contact their local branch to get a complete list of bank holidays.
RBI has designated the December holidays as ‘Holidays under the Negotiable Instruments Act’. ‘Holiday under Negotiable Instruments Act’, ‘Real Time Gross Settlement Holiday’ and ‘Banks’ Closing of Accounts’ are additional classifications for RBI listing. However, as per the requirement of leaves, the other two groups are not applicable in this month.
Even if there was no Christmas on the weekend, banks across the country would be closed. These include Guwahati, Hyderabad, Imphal, Jaipur, Jammu, Kanpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar, Thiruvananthapuram and Thiruvananthapuram.
Most of the bank holidays set aside this month as holidays under the Negotiable Instruments Act are for Meghalaya’s capital Shillong. In addition to the weekend holidays, Shillong has four bank holidays in December.
According to the RBI list, the first holiday of the month under the same Act falls on December 3, but will be relevant only for banks in Panaji. Consequently, as a bank customer, you must keep these dates in mind as the month progresses. Make sure to plan your next bank visit well to have a seamless banking experience.
On that topic, let’s take a look at the list of holidays during which banks will be closed in December so that you can plan accordingly.
Following is the complete list of holidays for the month of December 2021 as mandated by RBI: (Counting starts from 1st December.)
list of leaves
December 3: Feast of St. Francis Xavier — Goa
In addition to state-by-state variations in holidays. Banks will remain closed on select days of the weekend. In this regard, it should be mentioned that the weekend leaves are uniform across India. Some of them are the following:
December 5: Sunday
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// console.log(event.target.nodeName);
//});
/*$( ".comment-button" ).live("click", disqusToggle);
function disqusToggle() {
var id = $(this).attr("id");
$("#disqus_thread1" + id).toggle();
};*/
//$(".main-rhs2413988").theiaStickySidebar();
var prev_content_height = $(content_selector).height();
//$(function() {
var layout = $(content_selector);
var st = 0;
///});
}
}
});
/*}
};*/
})(jQuery);
,