Kanakadasa Jayanthi, Bank Holiday Today November 11: The Reserve Bank of India (RBI) divides holidays into three categories – Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday and Banks’ Closing of Accounts.
Kanakadasa Jayanthi, Bank Holiday Today November 11: Today is Kanakadasa Jayanthi and Wangala Festival. On this occasion, several institutions including private and government offices observe holiday. Therefore, private and government banks will remain shut today on the occasion of Kanakadasa Jayanthi and Wangala Festival. The bank holiday is state-specific.
Read More: SBI pensioner customers, how to submit life certificate on video call? Here’s a step-by-step guide
According to the Reserve Bank of India (RBI)‘s holiday calendar website, banks will remain closed on November 11 in these two cities–Bengaluru and Shillong.
Banks will, however, remain open on Kanakadasa Jayanthi and Wangala Festival in Agartala, Ahmedabad, Aizwal, Belapur, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad,Imphal, Jaipur, Jammu, Kanpur, Kochi, Kolkata Lucknow, Mumbai, Nagpur, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla, Srinagar, Thiruvananthapuram.
The banks in all circles will be closed on November 12,13 on the occasion of the second Saturday and Sunday.
he RBI issues bank holidays list on its official website- https://www.rbi.org.in/.
Read More: IRCTC Update, November 11: Indian Railways Cancels Over 163 Trains Today. Check List Here
According to the Reserve Bank of India, all these holidays will be ‘under Negotiable Instruments Act’. For the uninitiated, the Reserve Bank of India (RBI) divides holidays into three categories – Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday and Banks’ Closing of Accounts.
Upcoming Bank Holiday November 2022- Full list (Under Holiday under Negotiable Instruments Act)
November 23: Banks in Shillong will remain closed on the occasion of “Seng Kutsnem” on November 23 as per the RBI Bank Holiday list.
Overall, banks will remain closed for 10 days this month. Out of these, four are holidays while others are Saturdays and Sundays. Earlier in October, banks were closed for 21 days.
