Banks in a number of states will stay closed on March 29 in observance of Good Friday. All through March 2024, banks nationwide might be shut for a complete of 14 days, as outlined within the Reserve Financial institution of India’s (RBI’s) vacation schedule. These closures embody all Sundays, the second and fourth Saturdays, public holidays, and varied regional holidays.
The RBI has labeled these holidays underneath the Negotiable Devices Act, Actual-Time Gross Settlement Holidays, and Banks’ Closing of Accounts. Notably, banks will stay operational at present solely in Tripura, Assam, Rajasthan, Himachal Pradesh, Jammu, and Srinagar.
In April, financial institution staff can even benefit from a protracted weekend as banks are additionally scheduled to stay closed for a complete of 14 days on account of each nationwide and regional holidays. These holidays are finalised primarily based on festivals particular to areas, along with basic weekend holidays. The final holidays are relevant for all banks throughout the nation.
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