Banks to remain closed from August 19-23 in India

The banks were first shut in Maharashtra, earlier this week on Monday for the occasion of Navroz or the Parsi New Year

Private and public sector banks in India will remain closed from Thursday to next Monday (August 23) as August marking the beginning of the festive season. During this five-day period, banks in Kerala will remain shut for three days.
 
 
The banks were first shut in Maharashtra, earlier this week on Monday for the occasion of Navroz or the Parsi New Year.
 
August 19: Due to Muharram, the first month of the Islamic calendar, banks in several states including Maharashtra, West Bengal and Uttar Pradesh etc will remain shut.
 
August 20: On the festival of Onam, the annual harvest festival which I'd celebrated in Kerala, banks will remain shut not only in Kerala but also in Karnataka and Tamil Nadu.
 
August 21: Banks will only be shut in Kerala due to the Thiruvonam festival.
 
August 22: Apart from being a Sunday, the festival of Raksha Bandhan is also falling on August 22, when all banks remain closed.
 
Nevertheless, online banking services will be active to nts Act, Holiday under Negotiable Instruments Act and Real Time operate.
 
According to the RBI’s holiday calendar, there are 15 bank holidays in August and the last holiday being on August 31.

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