Last Updated: February 14, 2024, 10:08 IST
Bank Holidays 2024: Are banks open in the present day on Basant Panchami?
Bank Holidays 2024: Those with pressing banking wants ought to be aware of the designated vacation dates.
On February 14, 2024, banks in Agartala, Bhubaneswar, and Kolkata might be closed due to Basant Panchami/Saraswati Puja. However, it’s not formally acknowledged as a gazetted vacation. In Imphal, banks will stay closed on February fifteenth. This month features a whole of 11 holidays, counting Saturdays and Sundays. Typically, banks are closed on the second and fourth Saturdays of every month.
Those with pressing banking wants ought to be aware of the designated vacation dates. Bank prospects should perceive that whereas bodily branches might be shut on these upcoming holidays, digital providers like cell banking, UPI, and Internet banking will proceed to function with none interruptions.
Notably, the vacation observance differs throughout the nation, with some days marked as public holidays nationwide whereas others are particular to sure areas.
The Reserve Bank of India (RBI) determines financial institution holidays, contemplating components comparable to nationwide/state holidays, cultural or non secular occasions, operational requirements, authorities directives, and coordination with different banks. The RBI communicates its vacation schedule by official channels like its web site and notifications to banks and monetary establishments.
Remaining Holidays in February 2024
There might be financial institution vacation in Belapur, Mumbai and Nagpur on February 19 on the event of Chhatrapati Shivaji Maharaj Jayanti. Mizoram capital Aizawl and Arunachal Pradesh capital Itanagar will observe financial institution vacation on February 20 due to statehood day. Itanagar can even have a financial institution vacation on February 26 due to Nyokum.
Besides this, the second and fourth Saturday and all Sundays are noticed as financial institution holidays.
Basant Panchami 2024
Vasant Panchami highlights the incoming of spring. The pageant is centred on the Hindu goddess Sarasvati. As a part of the pageant, individuals costume in yellow and feast on ‘kesar halwa’ which is product of flour, sugar, nuts, and cardamom powder. Students place their books, pens, and pencils close to the toes of the goddess and search her blessings.
Valentine’s Day 2024
While Valentine’s Day falls on February 14, the joy for the month of affection begins within the week earlier than. There are seven days devoted to the celebration of affection earlier than Valentine’s Day. It begins on February 7.
