Tag: bank holidays

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Banking & Finance

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With upcoming festivities like Christmas and New Year’s celebrations, a total of seven holidays, apart from Sundays and second and fourth Saturdays, have been announced for next month. Shillong has as many as four holidays, apart from weekend leaves.

The Reserve Bank of India has issued the list of holidays for 2021 in its annual list. Accordingly, all public and private sector banks across India will remain closed for up to 12 days in December, including weekend leaves.

Here is the full list of holidays for the month of December 2021:

December 3: Feast of St. Francis Xavier — Goa

December 18: Death Anniversary of U SoSo Tham — Shillong

December 24: Christmas Festival (Christmas Eve) — Aizawl, Shillong

December 25: Christmas — Guwahati, Hyderabad, Imphal, Jaipur, Jammu, Kanpur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar, Thiruvananthapuram

December 27: Christmas Celebration — Aizawl

December 30: U Kiang Nangbah — Shillong

December 31: New Year’s Eve — Aizawl

Apart from this list of leaves as per the Holiday Under Negotiable Instruments Act, banks will also remain closed on some of the days of the weekends. These are mentioned below:

December 5: Sunday

December 11: Second Saturday of the month

December 12: Sunday

December 19: Sunday

December 25: Fourth Saturday of the month and Christmas

December 26: Sunday



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Check the full list here, BFSI News, ET BFSI

Banking & Finance

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In the upcoming week starting November 1, all private and government banks will remain closed for five days next week amid festivals such as Diwali and Bhai Dooj.

Banks will be closed for up to 17 days in the entire month.

According to the RBI list of holidays of November 2021, all banks across the country, except those in Bengaluru, will remain closed on Diwali, which falls on November 4.

Leaves on the second and fourth Saturdays of the month, and on Sunday would be uniformly applicable to all banks across the country.

Here is the complete list of bank holidays:

November 1 (Monday): Kannada Rajyostsava/Kut; banks in Karnataka and Manipur Kannada will be closed

November 3 (Wednesday): Naraka Chaturdashi; banks will be closed in Karnataka

November 4 (Thursday): Diwali Amavasaya (Laxmi Pujan)/Deepavali/Kali Puja; banks will be closed in all states except Karnataka

November 5 (Friday): Diwali (Bali Pratipada)/Vikram Samvant New Year Day/Govardhan Pooja; banks will be closed in Gujarat, Karnataka, Uttar Pradesh, Uttarakhand, Sikkim and Himachal Pradesh

November 6 (Saturday): Bhai Duj/Chitragupt Jayanti/Laxmi Puja/Deepawali/Ningol Chakkouba; banks will be closed in Sikkim, Manipur and Uttar Pradesh

November 10 (Wednesday): Chhath Puja//Surya Pashti Dala Chhath (Sayan ardhya); banks will be closed in Bihar and Jharkhand

November 11 (Thursday): Chhath Puja; banks will be closed in Bihar

November 12 (Friday): Wangala Festival; banks will be closed in Meghalaya

November 19 (Friday): Guru Nanak Jayanti/Karthika Purnima; banks will be closed in many states such as Maharashtra, Delhi, Uttar Pradesh, Jharkhand, Jammu and Kashmir and more

November 22 (Monday): Kanakadasa Jayanthi; banks will be closed in Karnataka

November 23 (Tuesday): Seng Kutsnem; banks will be closed in Meghalaya



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Banks to remain closed for 21 days, here’s the list, BFSI News, ET BFSI

Banking & Finance

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There are as many as 21 holidays days in October for both public and private sector banks. These holidays include seven weekends, one national holiday and 13 state-specific holidays.

Banks all over India will remain shut on October 2 on account of Gandhi Jayanti, and banks, except those in Imphal and Shimla, will remain shut on October 15 on account of Vijaya Dashmi.

Apart from this, banks will remain closed for state-specific holidays. Some such are – across Gangtok, banks will be closed on October 1 due to the half-yearly closing of bank accounts, in Agartala, Bengaluru, and Kolkata banks will be shut on October 6 on account of Mahalaya Amavasye. In Imphal, banks will be non-operative on October 7 on account of Mera Chaoren Houba of Lainingthou Sanamahi.

Here is the full list of bank holidays in October 2021

October 1 – Half Yearly Closing of Bank Accounts (Sikkim)

October 2 – Gandhi Jayanti (Pan India)

October 3 – Sunday (Weekly off)

October 6 – Mahalaya Amavasye (West Bengal, Tripura, Karnataka)

October 7 – Mera Chaoren Houba of Lainingthou Sanamahi (Tripura, West Bengal, Meghalaya)

October 9 – Second Saturday

October 10 – Sunday (Weekly off)

October 12 – Durga Puja or Maha Saptami (West Bengal, Tripura)

October 13 – Durga Puja or Maha Ashtami (West Bengal, Sikkim, Bihar, Jharkhand, Odisha, Manipur, Tripura, Assam)

October 14 – Durga Puja, Dussehra or Maha Navami, Ayutha Pooja (West Bengal, Uttar Pradesh, Tripura, Tamil Nadu, Sikkim, Puducherry, Odisha, Nagaland, Meghalaya, Kerala, Karnataka, Jharkhand, Bihar and Assam)

October 15 – Durga Puja, Dasara, Dussehra or Vijaya Dashmi (Pan India except for Manipur and Himachal Pradesh)

October 16 – Durga Puja or Dasain (Sikkim)

October 17 – Sunday (Weekly off)

October 18 – Kati Bihu (Assam)

October 19 – Eid-e-Milad, Eid-e-Miladunnabi, Milad-i-Sherif or Prophet Mohammad’s Birthday (Pan India except for Gujarat, Madhya Pradesh, Maharashtra, Tamil Nadu, Uttarakhand, Andhra Pradesh, Telangana, Jammu, Kashmir, Uttar Pradesh, Kerala, Delhi, Chhattisgarh and Jharkhand)

October 20 – Maharishi Valmiki’s Birthday, Lakshmi Puja, Id-e-Milad (Tripura, Punjab, West Bengal, Karnataka, Haryana and Himachal Pradesh)

October 22 – Friday following Eid-e-Milad-un-Nabi (Jammu and Kashmir)

October 23 – Fourth Saturday

October 24 – Sunday (Weekly off)

October 26 – Accession Day (Jammu and Kashmir)

October 31 – Sunday (Weekly off)



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Bank holidays for the month of September, 2021, BFSI News, ET BFSI

Banking & Finance

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As claimed by the RBI (Reserve Bank of India), banks will remain closed for a total of 12 days in the month of September 2021, covering second and fourth Saturdays too. Besides the customary weekly breaks, discreetly state holidays will forge the banks to be shut off in the very particular state. Consequently, not all the banks will be unfolded.

RBI has grouped holidays in three categories namely Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday and Banks’ Closing of Accounts.

The following holidays are apprised by RBI-

Ruling out the states of Agartala, Aizawl, Bhopal, Chandigarh, Dehradun, Gangtok, Guwahati, Imphal, Jaipur, Jammu, Kanpur, Kochi, Kolkata, Lucknow, New Delhi, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar and Thiruvananthapuram, banks across India will take a day off on 10th September, 2021 on account of Ganesh Chaturthi / Samvatsari. Solely Guwahati banks will have a holiday on 8 September on occasion of Tithi of Srimanta Sankardeva. Only Kochi and Thiruvananthapuram will observe a bank holiday on 21 September 2021 on occasion of Sree Narayana Guru Samadhi Day.



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Bank holidays in June 2021: Banks to remain closed for up to 9 days next month; check full list here

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According to the Reserve Bank of India (RBI), banks in a few states will be closed for different occasions, other than weekly holidays

Bank holidays: Banks in India will remain closed for up to nine days in June, including second and fourth Saturdays, and Sundays. According to the Reserve Bank of India (RBI), banks in a few states will be closed for different occasions next month in June 2021, other than weekly holidays. Banks will not be closed for all nine days for all states as holidays vary from state to state. Only the gazetted holidays are observed by banks all over the country. The Reserve Bank of India has categorised holidays under three categories — Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts. The list of holidays given below has been notified by RBI.

Bank Holidays in June 2021

Festivals in June 2021

15 June 2021 – Y.M.A. Day/Raja Sankranti
25 June 2021 – Guru Hargobind Ji’s Birthday
30 June 2021 – Remna Ni

Banks across Mizoram’s Aizawl and Odisha’s Bhubaneswar will observe a holiday on June 15, on account of Y.M.A. Day and Raja Sankranti. On June 25, 2021, only banks in Jammu and Srinagar will remain shut to observe Guru Hargobind Ji’s Birthday. Similarly, on June 30 (Remna Ni) only banks in Aizawl will remain closed.

Also read: Banks move Supreme Court against RTI disclosure, seek direction to RBI

Weekend holidays in June 2021

06 June 2021 – Weekly off (Sunday)
12 June 2021 – Second Saturday
13 June 2021 – Weekly off (Sunday)
20 June 2021 – Weekly off (Sunday)
26 June 2021 – Fourth Saturday
27 June 2021 – Weekly off (Sunday)

Also read: SBI should be able to build a book of Rs 2,000 crore through expanded ECLGS: Dinesh Khara

All the private and public sector banks across the country remain shut on the second and fourth Saturdays of every month, along with a weekly holiday on Sunday. Even as banks will remain shut on the above-mentioned days, customers can avail online services. Moreover, mobile and internet banking will remain operational. Further, for the next three months (July-September quarter), banks will be closed for 24 days, other than Sundays and second and fourth Saturdays.

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Banks to remain closed for up to 12 days in various states in May 2021; check full list here

Banking & Finance

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According to the Reserve Bank of India (RBI), banks in most of the states will remain closed on May 14, 2021, on account of Eid-UI-Fitra. Image: Reuters

Banks in India will remain shut for up to 12 days in May 2021, including weekends and festivals. Only the gazetted holidays are observed by banks all over the country. According to the Reserve Bank of India (RBI), banks in most of the states will remain closed on May 14, 2021, on account of Eid-UI-Fitra. In May, banks including the public sector, private sector, foreign banks, cooperative banks and regional banks, will observe holidays on May 1, May 7, May 13, May 14 and May 26 on account of Labour Day, Jumat-ul-Vida, Id-Ul-Fitr, Akshaya Tritiya and Buddha Pournima, respectively. Banks will not be closed for all 5 days for all states as holidays vary from state to state. The list of holidays given below has been notified by RBI under the Negotiable Instruments Act.

Festivals in May 2021

1 May 2021- Maharashtra Din/May Day (Labour Day)
7 May 2021- Jumat-ul-Vida
13 May 2021- Ramzan-Id (Id-Ul-Fitr) (Shawal-1)
14 May 2021- Bhagvan Shree Parshuram Jayanti/Ramjan-Eid (Eid-UI-Fitra)/Basava Jayanti/Akshaya Tritiya
26 May 2021- Buddha Pournima

Weekend holidays in May 2021

2 May 2021- Weekly off (Sunday)
8 May 2021- Second Saturday
9 May 2021- Weekly off (Sunday)
16 May 2021- Weekly off (Sunday)
22 May 2021- Fourth Saturday
23 May 2021- Weekly off (Sunday)
30 May 2021- Weekly off (Sunday)

Banks to remain open on May 1,7,13,14 and 26 in these states

Banks across Agartala, Ahmedabad, Aizwal, Bhopal, Bhubaneshwar, Chandigarh, Dehradun, Gangtok, Jaipur, Jammu, Kanpur, Lucknow, New Delhi, Raipur, Ranchi, Shillong, Shimla, and Srinagar will remain functional on May 1. Except for banks in Jammu and Shimla, banks in all the states will remain open. On May 13, only banks in Belapur, Jammu, Kochi, Mumbai, Nagpur, Srinagar and Thiruvananthapuram will observe a holiday. While on May 14, banks in most of the states will remain closed, barring states such as Belapur, Jammu, Kochi, Mumbai, Nagpur, Srinagar and Thiruvananthapuram. Similarly, on Buddha Pournima (May 26), banks in Ahmedabad, Aizwal, Bengaluru, Bhubaneshwar, Chennai, Gangtok, Guwahati, Hyderabad, Imphal, Jaipur, Kochi, Panaji, Patna, Shillong and Thiruvananthapuram will remain functional.

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Banks closed for up to 10 days in various states in April 2021; check complete list of holidays

Banking & Finance

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According to the Reserve Bank of India (RBI), most states will observe holidays on Good Friday, Dr. Babasaheb Ambedkar Jayanti and Ram Navami. Image: Reuters

Banks in India will remain closed for over 10 days in April 2021, including weekends and festivals. In the first four days of April, banks will remain shut for three days due to the closing of accounts on April 1, Good Friday on April 2, and Sunday on April 4. Apart from these 10 holidays, there are five more state-specific and region-specific holidays. It may be noted that only gazetted holidays are observed by banks all over the country. While planning bank-related work, people are advised to check the holiday date in their respective states. According to the Reserve Bank of India (RBI), most states will observe holidays on Good Friday, Dr. Babasaheb Ambedkar Jayanti and Ram Navami. The list of holidays given below has been notified by RBI under the Negotiable Instruments Act.

List of holidays in April 2021

01 April 2021- To enable banks to close their yearly accounts
02 April 2021- Good Friday
04 April 2021- Weekly off (Sunday)
10 April 2021- Second Saturday
11 April 2021- Weekly off (Sunday)
14 April 2021- Dr. Babasaheb Ambedkar Jayanti/Tamil New Year’s Day/Vishu/Biju Festival/Cheiraoba/Bohag Bihu
18 April 2021- Weekly off (Sunday)
21 April 2021- Shree Ram Navmi (Chaite Dashain)/Garia Puja
24 April 2021- Fourth Saturday
25 April 2021- Weekly off (Sunday)

According to the Reserve Bank of India (RBI), banks will remain operational on April 1, 2021, in Aizawl and Shillong. Also, banks across Agartala, Ahmedabad, Chandigarh, Guwahati, Jaipur, Jammu, Shimla, and Srinagar will not observe holiday on April 2, 2021. On April 14, 2021, banks in states such as Aizawl, Bhopal, Chandigarh, New Delhi, Raipur, Shillong and Shimla will remain functional. Similarly, on Ram Navmi, banks in Aizawl, Bengaluru, Chandigarh, Chennai, Guwahati, Imphal, Jammu, Kochi, Kolkata, New Delhi, Panaji, Raipur, Shilong, Srinagar and Thiruvananthapuram will remain open.

Other state-specific holidays in April 2021

05 April 2021- Babu Jagjivan Ram’s Birthday (Hyderabad)
06 April 2021- General Elections to Tamil Nadu Legislative Assembly 2021 (Chennai)
13 April 2021- Gudhi Padwa/Telugu New Year’s Day/Ugadi Festival/Sajibu Nongmapanba/1st Navratra/Baisakhi
15 April 2021- Himachal Day/Bengali New Year’s Day/Bohag Bihu/Sarhul
16 April 2021- Bohag Bihu (Guwahati)

Only Hyderabad will observe a bank holiday on April 5, 2021, on account of the birthday of Babu Jagjivan Ram. While on April 6, 2021, only Chennai will observe a bank holiday due to the assembly poll election in Tamil Nadu. Similarly, banks in Guwahati will remain shut for Bohag Bihu. Only banks in states such as Belapur, Bengaluru, Chennai, Hyderabad, Imphal, Jammu, Mumbai, Nagpur, Panaji and Srinagar, will observe a holiday on April 13, 2021. Similarly, on April 15, banks in only five states — Agartala, Guwahati, Kolkata, Ranchi and Shimla will remain closed.

Even as banks will remain shut on the above mentioned days, customers can avail online services. Moreover, mobile and internet banking will remain operational.

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Banks closed for 7 days out of 9 from March 27; check full list of holidays during Mar 27-Apr 4

Banking & Finance

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According to the Reserve Bank of India (RBI), these holidays may differ from state to state and be different in various banks.

All banks in India will remain closed for three days in a row during March 27-29, including the two-day weekend and the Holi festival. Also, bank services will remain suspended on March 31, 2021, on account of the last day of the financial year. And then on 1st, 2nd and 4th April 2021 due to banks’ closing of accounts, Good Friday and Sunday. Hence, people can complete their bank-related work only on two days — March 30 (Tuesday) and April 3 (Saturday). The list of holidays given below has been notified by RBI under the Negotiable Instruments Act.

National Holidays

27 March 2021- Fourth Saturday
28 March 2021- Weekly off (Sunday)
29 March 2021- Holi (second day)
31 March 2021- Financial year 2021 closing
01 April 2021- To enable banks to close their yearly accounts
02 April 2021- Good Friday
04 April 2021- Weekly off (Sunday)

Banks to remain open on Holi and Good Friday in these states

According to the Reserve Bank of India (RBI), these holidays may differ from state to state and be different in various banks. Banks will not be closed on March 29, 2021 (Holi), in states such as Agartala, Aizawl, Bengaluru, Chennai, Guwahati, Jammu, Kochi, Kolkata, Srinagar and Thiruvananthapuram. While Banks in Patna will remain shut on March 30, 2021, on account of Holi, according to RBI. All over India, only states like Aizawl and Shillong will remain functional on April 1, 2021. The holiday on April 2, 2021, will not be observed in banks across Agartala, Ahmedabad, Chandigarh, Guwahati, Jaipur, Jammu. Shimla, and Srinagar.

On March 15-16, bank branches remained closed after the United Forum of Bank Unions (UFBU), an umbrella body of nine unions, called a two-day strike. The protest was called against the proposed privatisation of two state-owned banks. During Union Budget 2021 speech, Finance Minister Nirmala Sitharaman announced the privatisation of two public sector banks (PSBs) as part of a disinvestment plan to generate Rs 1.75 lakh crore. About 10 lakh bank employees and officers of the banks participated in this two-day strike.

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Bank branches closed for next 4 days; SBI, other PSU banks may get hit as unions strike on March 15-16

Personal Finance

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About 10 lakh bank employees and officers of the banks will participate in this two-day strike

Bank branches may remain closed for the next four days, including a two-day weekend holiday, and a two-day planned strike beginning Monday. The United Forum of Bank Unions (UFBU), an umbrella body of nine unions, will go on a two-day strike on March 15 and 16, 2021, to protest against the proposed privatisation of two state-owned banks. Starting tomorrow, banks are scheduled to be closed on March 13, 2021 (second Saturday) and March 14, 2021 (Sunday). Due to this, bank services are likely to be impacted for the next four days. However, ATM, mobile and internet banking will remain functional. Customers are advised to plan bank-related work accordingly today, in order to avoid any last-minute trouble.

Finance Minister Nirmala Sitharaman in her Union Budget 2021 speech announced the privatisation of two public sector banks (PSBs) as part of a disinvestment plan to generate Rs 1.75 lakh crore. In 2019, the government has already privatised IDBI Bank by selling its majority stake to LIC. Moreover, so far in the last four years, the government has merged 14 public sector banks. Conciliation meetings – before the Additional Chief Labour Commissioner on March 4, 9 and 10 – did not yield any positive result, PTI quoted All India Bank Employees Association (AIBEA) general secretary C H Venkatachalam as saying.

10 lakh employees to participate in strike

About 10 lakh bank employees and officers of the banks will participate in this two-day strike. Along with AIBEA the bank unions of All India Bank Officers’ Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers Association (AIBOA) and Bank Employees Confederation of India (BEFI), National Bank Employees Federation (INBEF), Indian National Bank Officers Congress (INBOC), National Organisation of Bank Workers (NOBW) and National Organisation of Bank Officers (NOBO), among others have given a call for a strike.

Work in SBI may be impacted

State Bank of India (SBI) has made all arrangements to ensure normal functioning in its branches and offices. However, in a BSE filing, SBI has informed that work in the bank may be impacted by the strike. “We have been advised by the lndian Banks Association (lBA) that United Forum of Bank Unions (UFBU) which comprises 9 major Unions….has given a call for all-lndia strike by Bank Employees on 15th & 16th March 2021,” it said in an exchange filing.

Canara Bank: Bank branches functioning may be hit

Earlier this month, Canara Bank also said that it has been informed by the Indian Banks’ Association (IBA) that the United Forum of Bank Unions (UFBU) has given a call for strike in the banking industry on 15 March and 16 March for the issues relating to industry level and not for any bank-level issues. It assured that the Bank has taken necessary steps for the smooth functioning of Bank’s branches/offices on the days of proposed strike. “However, in the event of strike materializing, the functioning of the branches/offices may be impacted,” it added.

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