New Delhi: The Reserve Bank of India (RBI) has mentioned a few days when banking operations will be closed in the month of December.
However, it should be noted that holidays vary in various states and are not observed by all banking companies. Bank holidays are also dependent on the festivals observed in specific states or the notification of specific occasions in those states.
December 25 (Friday) Christmas is a public holiday during which all banks in the country will be closed. RBI places this day as a holiday under the Negotiable Instruments Act and a real-time gross settlement holiday.
Here’s an elaborate list of the holidays that fall in the month of December 2020. Check out the list.
Ordinary elections to Greater Hyderabad Municipal Corporation: December 1st
Kanakadasa Jayanthi / Feast of San Francisco Javier: December 3
Pa-Togan Nengminza Sangma: December 12th
Losoong / Namsoong: December 17
Anniversary of the death of U SoSo Tham / Losoong / Namsoong: Dec. 18
Goa Liberation Day: Decembre 19th
Christmas festival: Dec. 24
Christmas: December 25th
Christmas festival: Dec 26
U Kiang Nangbah: December 30
New Years Eve: December 31st
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The holidays of the mentioned days will be observed in various regions according to the holidays declared by the state, however, for the official holidays, banks will be closed throughout the country.
By keeping track of these holidays, you can better plan your banking activities. For long weekends, you can even plan your vacation well.
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