Bank Holidays in July 2023: 15 Days of Closures and Muharram Observance on July 29th

Banks in various states across India will observe a total of 15 days of holidays in July 2023.

The holidays include all Sundays as well as the second and fourth Saturdays of the month.

It's important to note that bank holidays may vary depending on the state.

The Reserve Bank of India (RBI) regulates most functions of banks and determines their schedules and holidays for the whole year.

Bank holidays in India also consist of mandatory holidays set by the banking sector.

In addition to mandatory holidays, there are also additional holidays for festivals and special occasions authorised by different states.

Both public sector banks and private sector banks do not work on Sundays and on the second and fourth Saturdays of each month, according to RBI guidelines.

Banks also remain closed on public holidays, including regional holidays determined by state governments.

It's important to check with your local bank branch or the RBI website for specific holiday schedules and closures.