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Bank Holidays in October 2021: Banks to remain closed for 5 days this week. Check full list

Bank Holidays in October 2021: Banks to remain closed for 5 days this week. Check full list

Zee News
Tuesday, October 19, 2021 11:35:01 AM UTC

RBI has announced three bank holidays: the Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. On these specified holidays, all banks in the country, including the public sector, private sector, foreign banks, cooperative banks, and regional banks, will be closed.

New Delhi: This week, public and private banks across the country will be closed on five of the seven days. Lenders close for at least 21 days in October to observe several holidays throughout the month, including Durga Puja, Navratri, and Dussehra. If you plan on visiting a bank branch this week, you should be aware of these holidays to avoid any inconveniences.

The Reserve Bank of India has announced three bank holidays: the Negotiable Instruments Act Holiday, Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. On these specified holidays, all banks in the country, including the public sector, private sector, foreign banks, cooperative banks, and regional banks, will be closed.

All banks are closed on Republic Day (January 26), Independence Day (August 15), Gandhi Jayanti (October 2), and Christmas Day, according to the RBI list (December 25). Banks are also closed on holidays like Diwali, Christmas, Eid, Guru Nanak Jayanthi, and Good Friday. The private and public sector banks across the country are closed on the second and fourth Saturdays of each month. The Reserve Bank of India (RBI) has also mandated that banks remain closed on Sundays. Also Read: Volvo S90, XC60 unveiled in India; prices start at Rs 61.9 lakh

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