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