In the coming month of June, several private and public sector banks across India would remain closed for a total of nine days. This includes weekends and various festivals which are declared as holidays under the Negotiable Instrument Act by the Reserve Bank of India (RBI). As per the Reserve Bank of India (RBI), all banks will stay shut for nine days in the month of June. According to RBI guidelines, all banks including the public sector, private sector, foreign banks, cooperative banks, and regional banks across the country will remain closed on the notified holidays. On the second and fourth Saturdays of every month, the private and public sector banks across the country remain closed.
Source: dna May 29, 2021 09:45 UTC