The Reserve Bank of India has announced 14 bank holidays for the month of April in different states, including Sundays, second and fourth Saturdays, and public holidays. This schedule is overseen by the RBI and respective state governments. Bank closures will be observed on various occasions such as Easter Day, Babu Jagjivan Ram's Birthday, Gudhi Padwa, Ugadi Festival, Id-ul-Fitr, Ramzan-Id, Bohag Bihu, Baisakhi, Biju Festival, and Ram Navami. Citizens in affected states should plan accordingly for any banking needs during these holidays.
Bank Holidays in April 2024: RBI Declares 14 Days of Banking Closures
The Reserve Bank of India (RBI) has announced the schedule of bank holidays for April 2024, comprising 14 days of closures. This schedule is formulated by the RBI in collaboration with state governments, factoring in various regional and national holidays.
The bank closures will cover Sundays, second and fourth Saturdays, and several public holidays, including religious festivals and commemorative occasions. The specific dates and reasons for closures are as follows:
Impact on Banking Services
The bank holidays will impact banking operations in the affected states. Citizens are advised to plan their financial transactions accordingly and consider using alternative banking channels such as online banking, mobile banking, and ATMs.
Top 5 FAQs on Bank Holidays 2024
Which states will observe bank holidays in April 2024?
How do I find out the specific bank holiday dates for my state?
Will all bank branches be closed on these days?
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Are schools and other businesses also closed on bank holidays?
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