Bank holiday in 2 cities this Friday; see list before planning a visit
Commercial banks in the Jammu and Srinagar cities in Jammu and Kashmir will observe a holiday on Friday, September 20, according to the RBI website.
Commercial banks will remain shut in two cities on Friday, September 20. Can you guess the names of the cities?
Jammu and Srinagar in Jammu and Kashmir (J&K) will observe a holiday on September 20, according to the Reserve Bank of India's website, rbi.org.in.
The RBI has listed the upcoming bank holiday on Friday under the Negotiable Instruments Act, according to information available on its portal.
The central bank categorises holidays under three categories:
- Under Negotiable Instruments Act
- Under Negotiable Instruments Act and Real Time Gross Settlement Holiday
- Banks’ Closing of Accounts
What's the September 20 bank holiday for?
The bank holiday on Friday, under the Negotiable Instruments Act, in the two cities is for the "Friday following Eid-i-Milad-ul-Nabi, as listed on the RBI portal.
Other bank holidays in the coming days
After September 20, banks in select cities will observe three more holidays other than the weekly offs this month.
These holidays are September 21 (Saturday), September 23 (Monday), and September 25 (Wednesday).
September 21 will mark the third Saturday of the month. Normally, banks across the country assume weekly holidays every Sunday and the second and fourth Saturdays of a month.
What are the September bank holidays for?
Banks will remain shut in Kochi and Thiruvananthapuram in Kerala on September 21, in Jammu and Srinagar (Jammu and Kashmir) on September 23, and Srinagar on September 25, according to the portal.
Bank Holiday Description | Date |
Friday following Eid-i-Milad-ul-Nabi | September 20 |
Sree Narayana Guru Samadhi Day | September 21 |
Birthday of Maharaja Hari Singh Ji | September 23 |
General Elections to the State Legislative Assembly 2024 | September 25 |
Banks in Belapur and Mumbai in Maharashtra, Gangtok in Sikkim, and Shillong in Meghalaya remained shut on September 18 for "Pang-Lhabsol/Id-E-Milad/Unitarian Anniversary Day", according to the RBI website.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
10:38 PM IST