The Reserve Bank of India has rolled out the listing of financial institution holidays for the month of August. According to the RBI calendar, each private and non-private banks will stay closed for 18 days within the month, which embody gazette, statutory holidays, in addition to Sundays. In addition, banks do not function on the second and fourth Saturdays of each month. Apart from these holidays, there are a number of regional festivals together with Ganesh Chaturthi, Janmashtami, Shahenshahi, and Muharram resulting from which the providers will get affected. Therefore, the native branches of the banks within the respective state would additionally stay closed. On the event of Independence Day, August 15, banks, throughout the nation, will stay closed.
As the banks won’t stay operational for nearly half of August month, it’s suggested that you simply plan all of your bank-related work accordingly to keep away from any inconvenience. Notably, on-line banking providers shall be accessible regardless of the vacations.
Here is the whole listing of financial institution holidays for August 2022.
August 7: First Sunday
August 13: Second Saturday + Patriot’s Day
August 14: Second Sunday
August 21: Third Sunday
August 27: Fourth Saturday
August 28: Fourth Sunday
National and Regional Holidays
August 1: Drukpa Tshe-zi – Gangtok
August 8: Muharram (Ashoora) – Jammu, Srinagar
August 9: Muharram (Ashoora) – Agartala, Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Chennai, Hyderabad, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur and Ranchi
August 11: Raksha Bandhan – Ahmedadabad, Bhopal, Dehradun, Jaipur, and Shimla
August 12: Raksha Bandhan – Kanpur, and Lucknow
August 13: Patriot’s Day – Imphal
August 15: Independence Day – All over India
August 16: Parsi New Year (Shahenshahi) – Belapur, Mumbai, and Nagpur
August 18: Janmashtami – Bhubaneswar, Dehradun, Kanpur and Lucknow
August 19: Janmashtami (Shravan Vad-8)/ Krishna Jayanthi – Ahmedabad, Bhopal, Chandigarh, Chennai, Gangtok, Jaipur, Jammu, Patna, Raipur, Ranchi, Shillong and Shimla
August 20: Sri Krishna Ashtami – Hyderabad
August 29: Tithi of Srimanta Sankardeva – Guwahati
August 31: Samvatsari (Chaturthi Paksha)/Ganesh Chaturthi/ Varasiddhi Vinayaka Vrata/ Vinayakar Chathurthi – Ahmedabad, Belapur, Bengaluru, Bhubaneswar, Chennai, Hyderabad, Mumbai, Nagpur and Panaji