Will banks be closed on August 21 due to Bharat Bandh?
Bank branches will be open on August 21, 2024 nationwide.
Bharat Bandh on August 21: What’s closed, what’s open?
According to a report by the Times of India, the protest organisers have called for the closure of all commercial establishments. While the market committees have not officially confirmed the closure, there is uncertainty over whether the markets will actually close and the possible impact of the protest across the country.
According to the ToI report, while a Bharat Bandh has been called, it is noted that government buildings, post offices, banks, schools, colleges and petrol pumps are expected to function normally. Moreover, essential services such as medical facilities, drinking water supply, train services, public transport and power supply will also continue to function without disruption.
Bank holidays in August
Banks are closed on the occasion of Ker Puja, Tendong Lho Rum Faat, Patriot’s Day, Independence Day/Parsi New Year (Shahenshahi), Raksha Bandhan/Jhulana Purnima/Bir Bikram Kishore Manikya Bahadur’s Birthday, Sree Narayana Guru Jayanthi, Janmashtami (Shravan Vad-8)/Krishna Jayanti, depending on the state.
The Reserve Bank of India (RBI) classifies holidays into three categories: Negotiable Instruments Act, Negotiable Instruments Act and Real Time Gross Settlement (RTGS) Holiday, and Closing of Accounts by Banks.
When will the banks close next?
Apart from the weekend, banks will be closed on Monday, August 26 on the occasion of Janmashtami (Shravan Vad-8)/Krishna Jayanthi in Gujarat, Orissa, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, Jammu, Uttar Pradesh, Bengal, Bihar, Chhattisgarh state, Jharkhand, Meghalaya, Himachal Pradesh and Srinagar.
Long weekend in these states
Banks will be closed on Monday, August 26 on the occasion of Janmashtami (Shravan Vad-8)/Krishna Jayanthi, which falls after the fourth Saturday and Sunday.
Banks are closed in Gujarat, Orissa, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, Jammu, Uttar Pradesh, Bengal, Bihar, Chhattisgarh state, Jharkhand, Meghalaya, Himachal Pradesh and Srinagar.
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