Bank Holidays 2022 under NI Act: Haryana State

Calendar of public holidays 2022 in Haryana State under section 25 of NI act 1881 is as under Sr.No Date Day Occasion/Festival Date 1 26.01.2022 Wednesday REPUBLIC DAY 2 16.02.2022 Wednesday GURU RVIDAS JAYANTI 3 01.03.2022 Tuesday MAHASHIVARATRI 4 18.03.2022 Friday HOLI 5 01.04.2022 Friday Banks’ Annual closing of Accounts 6 14.04.2022 Thursday MAHAVIR JAYANTI/Dr.…

Bank holidays 2022 under NI Act: Sikkim State

The Government of Sikkim State declared the following days to be a public holiday during the year 2022 under section 25 of NI act 1881.(Source: No.81/Home/2021 dated 15.11.2021) Sr.No. Date Day Festival Occasion 1 01.01.2022 Saturday New Year Day 2 03.01.2022 Monday Losoong 3 15.01.2022 Saturday Maghe Sankranti/Makara Sankranti 4 26.01.2021 Tuesday Republic Day 5…

2022 Bank holidays in West Bengal, Bihar, and the Odisha States declared under section 25 of NI acts

[This post provides public holiday lists of West Bengal, Bihar, and Odisha states declared under explanation to section 25 of negotiable instrument acts 1881.  Note: The holidays declared under NI acts are meant for financial institutions and not for factories and other establishments.] The holiday declared below under NI Act is applicable exclusively to the…

Bank Holidays 2022 under NI Act: Bihar State

The Government of Bihar declared the following public holidays for the year 2022 under explanation to section 25 of the Negotiable Instrument Act 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2022 Wednesday REPUBLIC DAY 2 18.03.2022 Friday HOLIKA DAHAN 3 19.03.2022 Saturday HOLI 4 22.03.2022 Saturday BIHAR DAY 5 01.04.2022 Friday Banks’ Annual closing of…

Bank holidays 2022 under NI Act: Assam State

The Government of Assam declared following holidays for the year 2022 under section 25 of NI Act 1881. These holidays are applicable exclusively to the banks located within the State of Assam administration Sr.No Date Day Occasion/Festival Date 1 15.01.2022 Saturday MAGH BIHU 2 26.01.2022 Wednesday REPUBLIC DAY 3 18.03.2022 Friday DOL JATRA 4 01.04.2022…

RBI permits Banks for capital infusion/ transfers to the overseas centers without its prior approval

All Scheduled Commercial Banks other than foreign banks, Small Finance Banks, Payment Banks, and Regional Rural Banks incorporated in India who have met regulatory capital requirement (including regulatory buffer) are permitted to infuse capital in overseas branches and subsidiaries and retention/ repatriation/ transfer of profits in these centres by banks incorporated in India. Banks that…