Banks to remain shut today for Independence Day; here's the full list of upcoming holidays

Independence Day bank holiday: Branches of all commercial banks — public as well as private — will remain shut on Tuesday, August 15 on the occasion of the country's 77th Independence Day. Besides, banks are scheduled to remain closed for a total of 14 days, including Sundays and the second and fourth Saturdays, in August. Types of bank holidays The RBI classifies bank holidays into three categories: Holiday under the Negotiable Instruments Act, Holiday under the Negotiable Instruments Act and Real-Time Gross Settlement Holidays, and Banks’ Closing of Accounts.

Here's a full list of bank holidays in August 2023, as listed by the RBI:

One has to note that these holidays will not be uniformly applied across the country, and will vary from region to region. In addition, one must visit a bank branch for any important bank-related work, keeping in mind the number of days when branches will be closed in several cities of the country in August 2023.

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