Bank Holidays in November: Banks to remain shut for 5 days next week; Full list here

The Reserve Bank of India has announced that banks will be granted vacations in three categories. The Negotiable Instruments Act, the Holiday, the Real-Time Gross Settlement Holiday, and the Banks' Closing of Accounts.

New Delhi: Starting on Sunday, November 21, all commercial and public banks across the country will be closed for up to five days out of seven during the coming week. Banks closed for up to 12 days earlier this month due to ongoing holidays such as Diwali, Bhai Dooj, Chhath Puja, and Guru Nanak Jayanti.

This means that banks in India were closed for up to 17 days during the month of November. On that note, if you want to visit any bank branches in the coming week, you should take note of these bank holidays to avoid any inconvenience and to complete your work efficiently.

The Reserve Bank of India (RBI) has published a list of bank holidays that will be observed. With the exception of a few national holidays, these days off do not normally overlap because they are honoured in a state-by-state way. This means that on a given day, only particular bank branches in respective states will be closed. On Kanakadasa Jayanthi, for example, banks in Bengaluru will be closed, but services would be available in other areas of the country. Customers are typically advised to visit the bank branch closest to them to obtain a complete list of bank holidays.