Bank Holidays October 2021: Banks to remain closed for 21 days. Full list here
Zee News
The RBI’s list of holidays falls into the categories of ‘Holiday under Negotiable Instruments Act’, ‘Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday’ and ‘Banks’ Closing of Accounts’.
According to the Reserve Bank of India's (RBI) list of official bank holidays for the month of October, banks will be closed for a variety of reasons. The forthcoming calendar month is jam-packed with vacations and festivities, and many banks across India will be closed during that time.
In total, banks can anticipate roughly 21 holidays in October, which is a large number. When it comes to the breakdown of the list of holidays, it's a mix of weekends and RBI-mandated official vacation. For the month of October, the RBI has declared 14 bank holidays, including the weekend holidays, which include Sundays as well as the second and fourth Saturdays, totaling seven days off.
The RBI’s list of holidays falls into the categories of ‘Holiday under Negotiable Instruments Act’, ‘Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday’ and ‘Banks’ Closing of Accounts’.
