Bank Holidays: In the wake of several festivals, banks across several states will remain shut for 5 days in a row starting today. So, if you’re planning to visit your bank coming week, you must check the list of bank holidays issued by the Reserve Bank of India. The RBI calendar notifies holidays under three brackets, including ‘Holiday under Negotiable Instruments Act’, ‘Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday’ and ‘Banks’ Closing of Accounts’. On these holidays, all branches of banks, including the public/private sector, foreign banks, cooperative banks and regional banks remain shut.
August 12: Raksha Bandhan
August 13: Patriot’s Day/Second Saturday
August 14: Sunday
August 15: Independence Day
August 16: Parsi New Year (Shahenshahi)
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