Bank Holidays – Artifex.News https://artifex.news Stay Connected. Stay Informed. Fri, 24 May 2024 02:25:23 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://artifex.news/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png Bank Holidays – Artifex.News https://artifex.news 32 32 June 2024 Bank Holidays In India: A State-By-State Breakdown https://artifex.news/june-2024-bank-holidays-in-india-a-state-by-state-breakdown-5732823rand29/ Fri, 24 May 2024 02:25:23 +0000 https://artifex.news/june-2024-bank-holidays-in-india-a-state-by-state-breakdown-5732823rand29/ Read More “June 2024 Bank Holidays In India: A State-By-State Breakdown” »

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Most of the bank holidays are common across India.

In India, bank branches are closed on every other Saturday (second and fourth) and all Sundays. Public holidays are another reason you might find the bank doors shut.

While many holidays are nationwide, some states celebrate unique occasions based on local traditions. To know for sure if your bank will be open on a particular day, it’s best to consult resources specific to your state.

Some common national holidays that close banks include Republic Day, Independence Day, Gandhi Jayanti, and Christmas. Religious holidays also affect bank hours, but these dates vary each year. Examples include Diwali, Dussehra, Eid, Ganesh Chaturthi, and Buddha Purnima.

June 2024 does not feature any nationwide holidays that apply to the entire country. However, there are a few regional holidays observed in specific states.

Here is a detailed list of public holidays for June 2024:

2 June 2024, Sunday: Telangana Formation Day (Telangana)

9 June 2024, Sunday: Maharana Pratap Jayanti (Himachal Pradesh, Haryana, and Rajasthan)

10 June 2024, Monday: Sri Guru Arjun Dev Ji’s Martyrdom Day (Punjab)

14 June 2024, Friday: Pahili Raja (Orissa)

15 June 2024, Saturday: Raja Sankranti (Orissa)

15 June 2024, Saturday: YMA Day (Mizoram)

17 June 2024, Monday: Bakrid/Eid al-Adha (national holiday except for some states)

21 June 2024, Friday: Vat Savitri Vrat (many states)

22 June 2024, Saturday: Sant Guru Kabir Jayanti (Chhattisgarh, Himachal Pradesh, Haryana, and Punjab)

30 June 2024, Sunday: Remna Ni (Mizoram)

Please note that banking holiday schedules may change or include additional dates. It is recommended to verify with official announcements from the Reserve Bank of India and your respective state governments for any updates or revisions to the holiday calendar.



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GST, SBI Credit Card And Other Changes From Next Month https://artifex.news/rule-change-from-march-gst-sbi-credit-card-and-other-changes-from-next-month-5144713rand29/ Wed, 28 Feb 2024 14:03:42 +0000 https://artifex.news/rule-change-from-march-gst-sbi-credit-card-and-other-changes-from-next-month-5144713rand29/ Read More “GST, SBI Credit Card And Other Changes From Next Month” »

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Rule change from March will have financial impact.

Several new rules will come into effect from the first day of March, which is also the last month of the current financial year, which will impact almost all the users. Those who are planning to go on a road trip also have to get their Know Your Customer (KYC) done by tomorrow (February 29) otherwise their FASTags will be deactivated. The National Highways Authority of India (NHAI) had issued a notification about its decision, which is meant to ensure only one FASTag is affixed on one vehicle.

Here’s a list of changes coming into effect from March 2024:

Changes in GST rules: From March 1, businesses with turnover above Rs 5 crore will not be able to generate e-way bill without including e-invoice details for all B2B transactions. Under the goods and services tax regime, e-way bills are required for inter-state transportation of goods valued over Rs 50,000.

Bank Holidays: The public and private sector banks will remain shut for 12 days in the month of March. These include the weekly offs on Saturdays and Sundays. According to RBI calendar, banks will remain closed on March 11 and 25 – second and fourth Saturday. Apart from this, March 5, 12, 19 and 26 will be Sundays.

FASTags to be deactivated: The NHAI has asked its users to mandatorily complete the Know Your Customer (KYC) for their FASTags till February 29. If not done, these electronic documents will become invalid from March 1. Here’s a step-by-step guide to help FASTag users.

Changes for SBI credit card users: According to the website of State Bank of India, it is changing the Minimum Day Bill Calculation process for its credit cards from March. The change will come into effect from March 15 and the bank has informed all its customers about it through e-mails.

Paytm restrictions: This is one of the important development that will take effect after March 15. The Reserve Bank of India (RBI) had directed Paytm Payments Bank to stop on boarding new customers from February 29, but the deadline was extended to March 15. Paytm is one of the largest payments platform and the move generated a lot of buzz.



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Banks Will Remain Shut In These Cities On September 18 And 19 https://artifex.news/ganesh-chaturthi-2023-banks-will-remain-shut-in-these-cities-on-september-18-and-19-4399784/ Mon, 18 Sep 2023 07:38:37 +0000 https://artifex.news/ganesh-chaturthi-2023-banks-will-remain-shut-in-these-cities-on-september-18-and-19-4399784/ Read More “Banks Will Remain Shut In These Cities On September 18 And 19” »

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Ganesh Chaturthi 2023: Banks will remain closed for two days- September 18 and 19.

Banks will remain closed for two days —  September 18 and 19 —  in some parts of the country for Ganesh Chaturthi.

This year, the 10-day-long Ganesh Utsav will be observed from September 19 to September 28.

Ahead of the festival, the Reserve Bank of India (RBI) has announced that the banks will remain shut in Bengaluru, Hyderabad and Chennai on Monday, September 18.

The statement released, on RBI’s official website, also added that in Mumbai, Nagpur and Ahmedabad among other major cities the banks will be closed on September 19.

RBI also said that the bank will remain shut in the national capital, Delhi, on September 28, which is the last day of Ganesh Chaturthi.

Here is the complete list of cities wherein the bank will remain shut on September 18:

Bengaluru

Chennai

Hyderabad-Telangana

On September 19, banks will remain shut in these cities:

Ahmedabad

Belapur

Bhubaneswar

Mumbai

Nagpur

Panaji

Here is the list of cities where banks will remain shut on the day of Visarjan—September 28

Ahmedabad

Aizawl

Belapur

Bengaluru

Chennai

Dehradun

Hyderabad-Telangana

Imphal

Kanpur

Lucknow

Mumbai

Nagpur

New Delhi

Raipur

Ranchi

It must be noted that these cities will witness bank holidays under the Negotiable Instruments Act, RBI added.

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