Bank Holidays in August 2023: Plan Ahead for 14 Days of Bank Closures, Check Full Holiday List
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August 2023 Schedule: Fourteen bank holidays to be observed in India.
Mix of National and Regional Holidays: Independence Day, Onam, Raksha Bandhan, and Parsi New Year among them.
Weekends Included: Sundays and second and fourth Saturdays are also non-working days.
Types of Bank Holidays: RBI categorizes holidays into Banks’ Closing of Accounts, Negotiable Instruments Act, and Real-Time Gross Settlement Holidays.
Uninterrupted Banking Services: ATMs, cash deposits, internet banking, and mobile banking will continue to operate.
Regional Variations: Holidays differ from state to state based on local festivities.
State Government Holidays: Some regional holidays are determined by individual state governments.
RBI-Declared Holidays: Specific bank holidays announced for August 8, 15, 16, 18, 28, 29, 30, and 31.
Plan Ahead: Important for individuals to be aware of the holiday schedule and schedule bank-related tasks accordingly.