Bank holiday for Janmashtami 2024: Are banks closed on Monday, August 26?

Bank holidays for Janmashtami differ from state to state, as some states have it on Monday while others don't

Published on: Aug 24, 2024, 16:59:46 IST

By HT News Desk | Edited by Abhyjith K. Ashokan

Prefer HTon Google

Share via

Copy link

Banks will remain closed in certain parts of the country on Monday, August 26, 2024, according to the Reserve Bank of India (RBI) guidelines.

Maha raas is a crucial part of the Krishna Janmashtami, which will be celebrated on August 26 this year. (Representational Image)

Bank holidays differ from state to state, hence customers are best advised to check the holiday list with the nearest bank branch.

Also Read: Cognizant files lawsuit against Infosys alleging stolen trade secrets, Infosys denies allegations

Where will banks be closed?

Banks will remain closed in Ahmedabad, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Hyderabad (Andhra Pradesh and Telangana), Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Patna, Raipur, Ranchi, Shillong, Shimla and Srinagar.

Which services can or cannot be availed?

All online and mobile banking services will however, be available regardless of bank holidays, and customers can also use ATMs as required. It is still advisable though, to check the latest notifications.

Also Read: UK's Spectator magazine may get acquired by hedge fund billionaire Paul Marshall for over $131 million

However, transactions involving cheques and promissory notes won't be available during such holidays under provisions of the Negotiable Instruments Act.

What is Janmashtami 2024?

Janmashtami, also known as Krishna Janmashtami is a Hindu festival celebrated to mark the birth of Lord Krishna, the eighth avatar of Vishnu.

This festival usually comes in August as per the Hindu lunar calendar.

Devotees fast, sing devotional songs, and reenact Krishna's life through ‘Krishna Leela,' which is a dance drama during the festival, also staying up late on the Janmashtami eve as Lord Krishna was believed to born at midnight.

Also Read: 78% of India's delivery gig workers earn less than 2.5 lakh a year: Report

Lord Krishna's idol, as well as temples and homes are decorated with a variety of flowers and colours.

In some parts of India, Dahi Handi is organised to celebrate Lord Krishna's birth, reflecting Lord Krishna's love for dairy items.

Banks have a total of seven designated holidays excluding weekends for the month of August.

ABOUT THE AUTHOR
HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

Stay updated with the latest Business News on Petrol Price, Gold Rate, Silver Rates, Diesel Prices along with Income Tax Calculator