While some bank holidays will be observed nation-wide, some others will be local holidays. Several bank branches will remain closed in various states owing to these festivities.
New Delhi: The Reserve Bank of India (RBI) has mentioned some days when the banking operations will remain closed in the month of November 2022, although online banking activities will continue to work.
While some bank holidays will be observed nation-wide, some others will be local holidays. Several bank branches will remain closed in various states owing to these festivities. Before visiting your bank branch in the month of November, you must note down the list of important days during which banks will remain closed.
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Banks will remain closed for total 10 days in the month of November – 4 as per the Reserve Bank of India (RBI) holiday calendar list and the remaining days are that of weekends. However, you must note that the banks will NOT be closed for 10 days in all states or regions. This is the total number of days when banks in different parts of the country will remain closed for state-observed holidays.
For example bank branches might be closed for Seng Kutsnem in Shillong but not closed for the same in other states.
Here is an elaborate list of bank holidays falling in the month of November 2022. Check out the list.
Kannada rajyotsava/Kut: November 1
Guru Nanak Jayanti/Kartika Purnima/Rahas Purnima: November 8
Kanakadasa Jayanthi/Wangala Festival: November 11
Seng Kutsnem: November 23
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Apart from the above bank holidays, the second and fourth Saturdays, Sundays of the month are falling on the following dates:
Second Saturday: November 12
Sunday: November 13
Sunday: November 20
Fourth Saturday: November 26
Sunday: November 27
Reserve Bank of India places its Holidays under three brackets –Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states.
Holidays of the mentioned days will be observed in various regions according to the state declared holidays, however for the gazetted holidays, banks will be closed all over the country.
