Banks open or closed today November 11? Kanakadasa Jayanthi, Wangala Festival Holiday
Kanakadasa Jayanthi, Bank Holiday Today November 11: The Reserve Bank of India (RBI) divides holidays into three categories - Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday and Banks’ Closing of Accounts.
Kanakadasa Jayanthi, Bank Holiday Today November 11: Today is Kanakadasa Jayanthi and Wangala Festival. On this occasion, several institutions including private and government offices observe holiday. Therefore, private and government banks will remain shut today on the occasion of Kanakadasa Jayanthi and Wangala Festival. The bank holiday is state-specific.
According to the Reserve Bank of India (RBI)'s holiday calendar website, banks will remain closed on November 11 in these two cities--Bengaluru and Shillong.
Banks will, however, remain open on Kanakadasa Jayanthi and Wangala Festival in Agartala, Ahmedabad, Aizwal, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad,Imphal, Jaipur, Jammu, Kanpur, Kochi, Kolkata Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar, Thiruvananthapuram.
The banks in all circles will be closed on November 12,13 on the occasion of the second Saturday and Sunday.
The RBI issues bank holidays list on its official website- https://www.rbi.org.in/.
According to the Reserve Bank of India, all these holidays will be 'under Negotiable Instruments Act'. For the uninitiated, the Reserve Bank of India (RBI) divides holidays into three categories - Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday and Banks’ Closing of Accounts.
Upcoming Bank Holiday November 2022- Full list (Under Holiday under Negotiable Instruments Act)
November 23: Banks in Shillong will remain closed on the occasion of "Seng Kutsnem" on November 23 as per the RBI Bank Holiday list.
Overall, banks will remain closed for 10 days this month. Out of these, four are holidays while others are Saturdays and Sundays. Earlier in October, banks were closed for 21 days.
Click Here For Latest Updates On Stock Market | Zee Business Live
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
Retirement Planning: SIP+SWP combination; Rs 15,000 monthly SIP for 25 years and then Rs 1,52,000 monthly income for 30 years
Top Gold ETF vs Top Large Cap Mutual Fund 10-year Return Calculator: Which has given higher return on Rs 11 lakh investment; see calculations
Retirement Calculator: 40 years of age, Rs 50,000 monthly expenses; what should be retirement corpus and monthly investment
SBI 444-day FD vs Union Bank of India 333-day FD: Know maturity amount on Rs 4 lakh and Rs 8 lakh investments for general and senior citizens
EPF vs SIP vs PPF Calculator: Rs 12,000 monthly investment for 30 years; which can create highest retirement corpus
Home loan EMI vs Mutual Fund SIP Calculator: Rs 70 lakh home loan EMI for 20 years or SIP equal to EMI for 10 years; which can be easier route to buy home; know maths
09:08 AM IST