Bank Holiday Cancelled: RBI issued new order, Holidays have been cancelled, banks will remain closed on this day

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Taking a big decision, the Central Reserve Bank has canceled the holiday on 28th September i.e.

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Thursday. There was going to be a bank holiday on September 28 on the occasion of Eid-e-Milad, but the Central Bank issued a new order on Wednesday, canceling this holiday and declaring Friday, September 29 as a holiday. Is.

Money market operation underway

It is important for bank customers and employees that today’s holiday will be available tomorrow. After the decision of Maharashtra Government, Reserve Bank has now decided to declare bank holiday on 29th September. However, now GSec, Forex, Money, Rs interest derivative markets will not only open today on 28th but will also remain open on 29th. In view of quarterly and half yearly closing, it has been decided to keep GSec, Forex, Money, Rupee interest derivative markets open.

Where will banks remain closed?

It is important to know that bank holidays are different for different states. Where whatever festival or day is celebrated, the list of holidays is released accordingly. Bank holiday has been declared on 28th in many states, which include Ahmedabad, Aizawl, Belapur, Bengaluru, Chennai, Dehradun, Hyderabad, Imphal, Kanpur, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi. But now there will be a holiday in Maharashtra on 29th September. Apart from this, banks will also remain closed in Gangtok, Jammu and Srinagar tomorrow.

Later announcement of Maharashtra Government’s decision

In fact, the Maharashtra government had decided to advance the holiday of Eid Milad-un-Nabi by one day to Friday (29 September). Earlier, the official state holiday of Anant Chaturdashi falling on the occasion of immersion ceremony and Eid Milad-un-Nabi is falling on the same day on 28th September.

Since huge processions are taken out for both the festivals, it could have caused problems and it would have been difficult for the police to manage the huge crowd, hence a holiday had to be declared.

Bank Holidays October, 2023

There are 31 days in the entire month and 16 banks will remain closed. The second and fourth Saturdays are also included in these 16 days. Also Sundays are also holidays. Apart from this, there will be bank holidays in different states on different occasions.

 

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