Bank vacation at the moment: Are banks shut on May 24, what RBI calender says – OXBIG NEWS NETWORK-OxBig News Network

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Banks throughout the nation will stay closed at the moment, on May 24, in observance of the fourth Saturday of the month. According to the Reserve Bank of India’s (RBI) official calendar, banks stay shut on each second and fourth Saturday.Customers can confirm whether or not banks are open or closed by checking the RBI’s official web site.This vacation applies to all banks regulated by the RBI nationwide. Physical department providers corresponding to money deposits and withdrawals, account openings, cheque clearances, mortgage processing, approvals requiring guide intervention, and different documentation-related providers won’t be out there at the moment.However, digital banking providers stay operational. Customers can proceed to make use of cell banking apps, ATMs, and digital cost techniques like NEFT, RTGS, and IMPS to pay payments, switch cash, and perform different transactions with out interruption.The RBI calendar additionally specifies regional financial institution holidays. Apart from weekends, upcoming holidays in May are:

  • May 26 on the event of the birthday of Nazrul Islam: Observed in Tripura
  • May 29 on the event of Maharana Pratap Jayanti: Observed in Himachal Pradesh

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