Govt hikes interest rate on SCSS, NSC and 5 other small saving instruments for Jan-March 2023

The government on Friday (December 30, 2022) has effected hike in interest rates of 8 small saving instruments for the January-March 2023 quarter. The interest rates of schemes like the Senior Citizen Savings Scheme, Monthly Income Savings Scheme, National Savings Certificate, Kisan Vikas Patra, and all post office time deposits have been hiked. However, rates…

Bank Holidays 2023 in Jammu and Kashmir

The administration of Jammu & Kashmir UT     declared the following days to be a public holiday during the year 2023. Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 08.03.2023 Wednesday HOLI 3 30.03.2023 Thursday RAM NAVAMI 4 04.04.2023 Tuesday MAHAVIR JAYANTI * 01.04.2023 Saturday ANNUAL CLOSING OF BANKS’ ACCOUNT 5 07.04.2023 Friday…

RBI announces the migration of CPFIR (FRAUD) Reporting to DAKSH

Effective from January 01, 2023, the Banks and non-bank PPI entities shall commence reporting payment frauds in DAKSH. According to RBI circular, this reporting was earlier facilitated through Electronic Data Submission Portal (EDSP) and is being migrated to DAKSH through which scheduled commercial banks and non-bank prepaid payment instrument (PPI) issuers report payment frauds, to…

Bank holidays 2023 in Lakshadweep UT

The Administration of Lakshadweep vide order no. 35/02/2018 Genl/2677 dated 21.12.2023 declared Public holidays to be observed throughout UT Lakshadweep during the calendar year 2023 Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 18.02.2023 Saturday SHIVRATHRI 3 08.03.2023 Wednesday HOLI 4 01.04.2023* Saturday ANNUAL CLOSING OF BANKS’ ACCOUNT 5 07.04.2023 Friday GOOD…

Bank Holidays 2023 in Union Territory of Ladakh

The Administration of Ladakh order no. 388/LA (GAD) of 2022 26/12/2022  declared Public holidays to be observed throughout the UT of Ladakh during the calendar year 2023 Sr.No Date Day Occasion/Festival Date 1 26.01.2022 Wednesday REPUBLIC DAY 2 08.03.2023 Wednesday HOLI 3 21.03.2023 Tuesday NAUROZ * 01.04.2023 Saturday ANNUAL CLOSING OF BANKS’ ACCOUNT 4 14.04.2023…

Bank holidays 2023 for UT OF Dadra, Nagar Haveli, Diu and Daman

The Administrator of Dadra-Nagar Haveli, Daman, and Diu, vide Notification No. 11/01/96-06/GA/Holiday/III/2022-23/4943 dated 20.12.2022 declared public holidays with effect from 1st Jan 2023. Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 08.03.2023 Wednesday HOLI 3 22.03.2023 Wednesday CHAITRA SUKLADI/UGADI/CHETI CHAND 4 30.03.2023 Thursday RAM NAVAMI *5 01.04.2023 Friday ANNUAL CLOSING OF BANKS’…

Bank holidays 2023 under NI act: Chandigarh UT

Chandigarh administration vide notification No.6/1/1-IH(I)-2022/1992 dated 16.12.22 declared the following days as public holidays for the year 2023 in the Union territory of Chandigarh. Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 08.03.2023 Wednesday HOLI 3 30.03.2023 Thursday RAM NAVAMI * 01.04.2023* Saturday BANK’S ANNUAL CLOSING OF ACCOUNTS (*Applicable only for banks)…

2023 Bank holidays in Tripura State

The calendar of Public holidays for the year 2023 in the state of Tripura under section 25 of NI Acts 1881. Sr.No Date Day Occasion/Festival Date 1 23.01.2023 Monday Netaji Subhas Chandra Bose Jayanti 2 26.01.2023 Thursday Republic Day 3 01.04.2023* Saturday Yearly Bank closing Day for closure of accounts i 4 07.04.2023 Friday Good…