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Bank Holiday Alert: Banks To Remain Shut From Today For 6 Days In A Row

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The Reserve Bank of India (RBI) categorizes bank holidays into three categories: the Negotiable Instruments Act, Holiday, Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. On certain recognized holidays, every bank in the nation, such as the public and private sectors, foreign banks, cooperative banks, and regional banks, remains closed. As a result of the Negotiable Instruments Act, banks in various cities will be closed for the next six days commencing from today, July 16th. The banks will be closed on July 16, 2021, for the occasion of Harela Puja in Dehradun, according to the RBI's holiday list in July.

 

Following that, banks in Agartala and Shillong will be closed for U Tirot Sing Day and Kharchi Puja on July 17, 2021. In addition, on July 18, 2021, the Indian banks will be closed due to the fact that it is Sunday. On July 19, 2021, for the occasion of Guru Rimpoche's Thungkar Tshechu festival in Gangtok, the banks will be closed. And that to Bakrid, banks in Jammu, Kochi, Srinagar, and Thiruvananthapuram will be closed on July 20, 2021. Except for Aizawl, Bhubaneswar, Gangtok, Kochi, and Thiruvananthapuram, all banks in the nation will be closed for Eid-UL-Adha on July 21, 2021.

Bank Holiday Alert: Banks To Remain Shut From Today For 6 Days In A Row

Bank Holidays In July 2021

Here are the holidays in July starting from today to 21 July 2021, according to the holiday under the Negotiable Instruments Act of RBI.

  1. Harela Puja (Dehradun): 16 July 2021, Thursday
  2. U Tirot Sing Day / Kharchi Puja (Agartala, Shillong): 17 July 2021, Saturday
  3. Sunday: 18 July 2021
  4. Guru Rimpoche's Thungkar Tshechu (Gangtok): 19 July 2021, Monday
  5. Bakrid (Jammu, Kochi, Srinagar, Thiruvananthapuram): 20 July 2021, Tuesday
  6. Eid al Adha (Banks would not be closed in Aizawl, Bhubaneswar, Gangtok, Kochi, and Thiruvananthapuram): 21 July 2021, Tuesday

Source: RBI

Read more about: bank holiday
Story first published: Friday, July 16, 2021, 9:37 [IST]
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