Banks will remain closed for 18 days in August
According to the Reserve Bank of India’s (RBI) holiday calendar, banks will remain closed for a total of 18 days in August, including six-week holidays. Many bank holidays are regional and vary from state to state and bank to bank. The RBI has classified holidays into three categories: holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act and real-time gross settlement, and bank closings.
The bank holidays in August under the Negotiable Instruments Act are:
August 1: Drukpa Tshe-zee – Gangtok
8 August: Muharram (Ashura) – Jammu and Srinagar
9 August: Muharram (Ashura) – Agartala, Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Chennai, Hyderabad, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur and Ranchi
August 11: Raksha Bandhan – Ahmedabad, Bhopal, Dehradun, Jaipur and Shimla
12 August: Raksha Bandhan – Kanpur and Lucknow
August 13: Patriot’s Day – Imphal
15 August: Independence Day – All over India
16 August: Parsi New Year (Shahenshahi) – Belapur, Mumbai and Nagpur
18 August: Janmashtami – Bhubaneshwar, Dehradun, Kanpur and Lucknow
19 August: Janmashtami (Shravan Vad-8)/Krishna Jayanti – Ahmedabad, Bhopal, Chandigarh, Chennai, Gangtok, Jaipur, Jammu, Patna, Raipur, Ranchi, Shillong and Shimla
August 20: Sri Krishna Ashtami – Hyderabad
29 August: Date of Shrimant Sankardev – Guwahati
