News India Bank Holidays August 2022: Banks to remain shut for 18 days; Check dates

Bank Holidays August 2022: Banks to remain shut for 18 days; Check dates

According to the list, the banks will not be open for a total of 12 days in August 2022. With weekend leaves included, the total number of bank holidays ends up reaching 18 days.

Bank Holidays August 2022, Bank Holidays, Bank Holidays in August, Bank Holidays 2022, RBI Image Source : PTIReverse Bank of India (RBI) launched a new set of set of bank holidays during August for when the bank will remain closed.

Bank Holidays August 2022: According to Reverse Bank of India (RBI), the total number of bank holidays during the month of August will be 18. According to the list, the banks will not be opened for a total of 12 days in August 2022. With weekend leaves included, the total number of bank holidays ends up reaching 18 days within August 2022.

Though this may differ from state to state and bank to bank as many of the bank holidays are regional. However, Patriot’s Day, -- a regional holiday for Imphal -- falls on August 13, which is also the 2nd Saturday of the month when banks will remain closed regardless. Due to the clashing dates, there will only be 18 bank holidays instead of 19 holidays.

List of Leaves in August as per the Negotiable Instruments Act:

August 1: Drukpa Tshe-zi — Gangtok

August 8: Muharram (Ashoora) — Jammu, Srinagar

August 9: Muharram (Ashoora) — Agartala, Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Chennai, Hyderabad, Jaipur, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur and Ranchi

August 11: Raksha Bandhan — Ahmedadabad, Bhopal, Dehradun, Jaipur, and Shimla

August 12: Raksha Bandhan — Kanpur, and Lucknow

August 13: Patriot’s Day — Imphal

August 15: Independence Day — All over India

August 16: Parsi New Year (Shahenshahi) — Belapur, Mumbai, and Nagpur

August 18: Janmashtami — Bhubaneswar, Dehradun, Kanpur and Lucknow

August 19: Janmashtami (Shravan Vad-8)/ Krishna Jayanthi — Ahmedabad, Bhopal, Chandigarh, Chennai, Gangtok, Jaipur, Jammu, Patna, Raipur, Ranchi, Shillong and Shimla

August 20: Sri Krishna Ashtami — Hyderabad

August 29: Tithi of Srimanta Sankardeva — Guwahati

August 31: Samvatsari (Chaturthi Paksha)/Ganesh Chaturthi/ Varasiddhi Vinayaka Vrata/ Vinayakar Chathurthi — Ahmedabad, Belapur, Bengaluru, Bhubaneswar, Chennai, Hyderabad, Mumbai, Nagpur and Panaji

List of weekend leaves:

August 7: First Sunday

August 13: Second Saturday + Patriot’s Day

August 14: Second Sunday

August 21: Third Sunday

August 27: Fourth Saturday

August 28: Fourth Sunday

The Reserve Bank of India (RBI) has placed the holidays under three brackets- Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts.

Also Read | ICICI Bank raises lending rate by 15 bps

 

Latest India News