Bank Holidays 2024, Today: Are Banks Closed Or Opened On Tuesday, November 12, 2024? City-Wise List

Bank Holidays 2024: Banks in various parts of India are closed on Tuesday, November 12, 2024. RBI decides the holiday list for banks every year. However, it needs to be noted that bank holidays vary from state to state. Some of these holidays are very local and hence are decided by the respective state governments. On the other hand, some of them are very mandatory and it is not a prerogative of anybody as these are already the national holidays in India.

Bank Holiday On November 12:

As per RBI's holiday list, banks are closed on Tuesday due to Egaas-Bagwaal/Nongkrem Dance.

Prime Minister Narendra Modi celebrated the festival as well, wishing happiness and prosperity to everyone's life.

Through his X handler, PM Modi said, "Many congratulations to all the countrymen including my family members of Uttarakhand on the occasion of Igas festival! Today in Delhi, I also got the privilege of participating in this festival at the residence of Anil Baluni ji, Lok Sabha MP from Uttarakhand. I wish that this festival brings happiness, prosperity and well-being in everyone's life."

Bagwal festival is celebrated in the Indian state of Uttarakhand ( Garhwal ). This festival is celebrated with great pomp in Garhwal. It is also called "Yam Chaturdashi". In Garhwal, Diwali is called "Bagwal". Haribodhini Ekadashi comes on the 11th day after this, which we call Igas. Lakshmi awakens on the day of Amavasya and hence Lakshmi ji is worshipped on Bagwal. Lord Vishnu awakens from his sleep on the day of Haribodhini Ekadashi and there is a provision to worship Vishnu on that day, as per Wikipedia.

In November 2024, banks have 8 special holidays excluding second and fourth Saturdays and all four Sundays.

India is a multi-cultural and very diverse country and also has many national and other bank holidays. A bank holiday in India is generally considered as a public holiday when banks and other financial institutions remain closed. While not all public holidays are classified as Bank Holidays as it varies with state and region.

In general terms, banks are closed on the second and fourth Saturdays of every month in addition to the above-mentioned bank holidays. The fifth Saturday of a month with five Saturdays is a working day for banks. In the past, banks would only open for a half-day on Saturdays.