The Administration of Lakshadweep declared Public holidays to be observed throughout the UT Lakshadweep during the calendar year 2025 under section 25 of Negotiable Instruments Act 1881. The list of holidays: *April 1, and all Sundays, 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881.…
The Administrator of Dadra-Nagar Haveli, Daman and Diu, declared public holidays with effect from 1st Jan 2025 under section 25 of Negotiable Instrument s Act 1881. Banks are closed on 01.04.2025 (Tuesday) for the Annual closing of bank accounts. This holiday is not admissible to the Government offices. All Sundays and 2nd & 4th Saturdays…
Govt. keeps interest rates unchanged on small savings schemes for third quarter starting January 1, 2025 The rate of Interest chart for various small savings instruments: Scheme Interest rate for January-March 2025 Interest rate for October-December 2024 Interest compounded Savings account 4.00% 4.00% Annual rest 1-year time deposit 6.90% 6.90% Quarterly rest 2-years’ time deposit…
The interest coverage ratio is a debt and profitability ratio used to determine how easily an entity can pay interest on its outstanding debt. EBIT is used in calculating the interest coverage ratio. Interest coverage ratio= Earnings before Interest and taxes (EBIT) ÷Total interest expenses Whereas EBIT is the operating profit of a company and…
Credit Appraisal is a knack of adapting certain precautions at the time of new sanction or renewal or enhancement of existing limit. Credit Appraisal revolves around the credit investigation to determine the economic and business environment in which prospective borrower is placed. The process involves assessment of honesty and integrity of the borrower, standing of the borrower,…
The Administration of Jammu Kashmir UT in exercise of the powers conferred by the explanation of Section 25 of Negotiable Instruments Act, 1881 declares following days to be public holidays during the calendar year, 2025. Date Day Occasion/Festival Date 26.01.2025 Sunday REPUBLIC DAY 26.02.2025 Wednesday MAHASHIVARATRI 14.03.2025 Friday HOLI (For Jammu Province Only) 27.03.2025 Thursday…
The calendar of Public holidays for the year of 2025 in the state of Tripura under section 25 of NI Acts 1881. Date Day Occasion/Festival Date 23.01.2025 Thursday Netaji ‘sBirthday 26.01.2025 Sunday Republic Day 03.02.2025 Monday Vasanta Panchami 15.03.2025 Saturday Holi 31.03.2025 Monday Id-ul-Fitr/Ramzan 01.04.2025 Tuesday Yearly Bank closing Day 14.04.2025 Monday B.R.Ambedkar Jayanti 15.04.2025…
The Government of Uttarakhand declared following days as Bank Holidays for the year 2025 under the section 25 of N.I.Act 1881. Date Day Occasion/Festival Date 14.01.2025 Tuesday MD.HAZARAT ALI’S BIRTHDAY 26.01.2025 Sunday REPUBLIC DAY 26.02.2025 Wednesday MAHA SHIVRATRI 13.03.2025 Thursday HOLIKA DAHAN 14.03.2025 Friday HOLI 31.03.2025 Monday ID-UL-FITR /RAMZAN 01.04.2025 Tuesday Banks Annual closing of…
The Government of Manipur declared following days of the year 2025 as public holidays. Date Day Occasion/Festival Date 01.01.2025 Wednesday New Year Day 11.01.2025 Saturday IMOMU IRATPA 12.01.2025 Sunday GAAN –NGAI-NI 26.01.2025 Sunday REPUBLIC DAY 15.02.2025 Saturday LUI-NGAI-NI 15.03.2025 Saturday YAOSANG 2nd DAY/HOLI 30.03.2025 Sunday SAJIBU NONGMPANBA (CHEIRAOBA) 31.03.2025 Monday KUTUBA-E-RAMZAN (IDUL FITR) 01.04.2025 Tuesday…
The Administration of Andaman and Nicobar islands declared following days are declared for the year 2025 as public holidays under the explanation of sec 25 of NI Act 1881. Day Occasion/Festival Date Tuesday MAKARA SANKRANTI/PONGAL/MAGH BIHU Sunday REPUBLIC DAY Friday HOLI Monday IDUL FITR/RAMZAN Tuesday *ANNUAL CLOSING OF BANK ACCOUNTS Friday GOOD FRIDAY Monday BUDDHA…
