India’s forex kitty at $684.8 bn, gold reserves go up
However, gold reserves, which form part of the foreign exchange kitty, increased by $1.08 billion to $68.53 billion during the week, according to the central bank.
To facilitate your bank related activities, we share with you the dates when the banks would be closed during the month of March so that you can carry out your undertakings by planning well in advance.
We have included bank holidays from different States and Union Territories of India.
In view of the COVID-19 pandemic, many banks have altered the working hours of the employees to promote social distancing.
Advertisement
Banks across India will remain close for 11 days in the month of March. The holidays include two second Saturdays and four Sundays.
Here is the entire list of holidays for March 2021 as per RBI:
As per the Reserve Bank of India (RBI), the banks will be closed on 5, 11, 22, 29, and 30 March.
5 March 2021: Holiday in Mizoram for the Chapcher Kut celebration
7 March 2021: Sunday holiday
11 March 2021: Mahashivratri
13 March 2021: Second Saturday holiday
14 March 2021: Sunday holiday
21 March 2021: Sunday holiday
22 March 2021: Bihar Day holiday
27 March 2021: Fourth Saturday holiday
28 March 2021: Sunday holiday
29 March 2021: Dhuleti/Yaosang second day
30 March 2021: Holi
Apart from these days, several banks might remain closed as many unions have called for a nationwide strike against the government’s plan for making the banking sector private. The two-day-long strike is on 15 and 16 March.
While the banks will remain closed on these days, the internet and mobile banking will work as usual and customers will be able to make online transactions easily.
Customers are advised to visit their respective bank branches to know about the working days of the banks in their regions.
PS: In the case of a month with five Saturdays, the fifth Saturday will be a working day.
Disclaimer: All precautions have been taken to gather the most accurate information about the Bank Holiday dates for the month of December 2020. However, readers are advised to verify with their local branches to corroborate the same.
Advertisement
