The Reserve Bank of India (RBI) has announced the official bank holiday schedule for Wednesday, April 17, which is the Hindu festival of Ram Navami. Public and private sector banks in India will be closed on this day.
Ram Navami commemorates
the birthdate of the Hindu deity, Lord Rama, who is greatly respected. Although the dates may differ from state to state, the celebration is observed nationally on this day. This year, on April 17, banks will be closed for the holiday in several major cities, including Ahmedabad, Mumbai, Hyderabad, and Jaipur.
Online banking will continue to be accessible.
Online banking services will be accessible even if physical bank branches will be closed for the holiday. It is doubtful that over this vacation, customers would see any major disruptions to their financial demands.
The list of bank holidays for April
The main bank holiday in April 2024 is set for April 17, which is Shri Ram Navami. Ahmedabad, Belapur, Bhopal, Bhubaneswar, Chandigarh, Dehradun, Gangtok, Hyderabad, Jaipur, Kanpur, Lucknow, Patna, Ranchi, Shimla, Mumbai, and Nagpur are the places where banks will be closed. In Agartala, April 20 is designated as a holiday for Garia Puja. All banks nationwide will be closed on April 27, the fourth Saturday. An official calendar of all bank holidays observed nationwide is published by the RBI. Making it clear when financial institutions will be closed for different festivals and observances, promotes consistency and transparency.
Read More: RBI will change rules of taking loans from 1 October! will issue guidelines to banks
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