Banks nationwide will be closed for New Year's celebrations on Monday, so customers are advised to plan their activities accordingly.
Bank holiday (Pradeep Gaur/ Mint)
The Reserve Bank of India (RBI) has released the list of bank holidays, designating January 1 as a national bank holiday throughout India in celebration of the new year.
The RBI's holiday list includes state-specific bank holidays, while national holidays result in the closure of banks across the country.
The central bank of the country classifies bank holidays as either 'national' or 'regional,' with branches nationwide closed on the former. The banks are also closed on second and fourth Saturdays and Sundays.
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Home/Business/Bank holidays 2024: Are banks open on New Year’s day, January 1?
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