Operational risk is defined as the risk of direct or indirect loss resulting from breakdowns in internal procedures, people, system and external events. Examples of operational risk are frauds, system failure, error in financial transactions, failure to discharge demand of contractual obligations due to insufficient funds, etc. RBI on Thursday (12-12-2019) notified that the bank…
The Government of Telangana declared the following days as public holidays for the year 2020 under section 25 of NI Act (Negotiable Instrument Act) 1881. Sr.No Date Day Occasion/Festival Date 1 15.01.2020 Wednesday SANKRANTI/PONGAL 2 21.02.2020 Friday MAHASHIVARATRI 3 09.03.2020 Monday HOLI 4 25.03.2020 Wednesday UGADI 5 01.04.2020 Wednesday Annual closing of bank accounts 6…
The Government of Jammu & Kashmir UT declared the following days to be a public holiday during the year 2020, under the explanation of section 25 of NI act 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2020 Sunday REPUBLIC DAY 2 21.02.2020 Friday MAHA SHIVRATRI 3 09.03.2020 Monday HOLI) 4 25.03.2020 Wednesday 1st NAVRATRAI 5…
The Government of Maharashtra declared the following days as holidays for the year 2020 under section 25 of NI Act (Negotiable Instrument Act) 1881. Sr.No Date Day Occasion/Festival Date 1 19.02.2020 Wednesday CHATRAPATI SHIVAJI MAHARAJ JAYANTI 2 21.02.2020 Friday MAHASHIVARATRI 3 10.03.2020 Tuesday HOLI 2nd Day 25.03.2020 Wednesday GUDIPADVA 4 01.04.2020 Wednesday Annual closing…
The Government of Madhya Pradesh declared the following days to be a public holiday during the year 2020, under the explanation of section 25 of NI act 1881. Sr.No Date Day Occasion/Festival Date 2 21.02.2020 Friday MAHASHIVARATRI 3 10.03.2020 Tuesday HOLI 4 01.04.2020 Monday Banks’ Annual Closing of Accounts 5 06.04.2020 Monday MAHAVEERA JAYANTHI 6…
The Government of Nagaland declared the following days to be a public holiday during the year 2020, under the explanation of section 25 of NI act 1881. List of Holidays Sr.No Date Day Occasion/Festival Date 1 1.1.2020 Wednesday New Year Day 2 26.01.2020 Sunday REPUBLIC DAY 3 01.04.2020 Sunday ANNUAL CLOSING OF BANK ACCOUNTS 4…
The Government of Haryana declared the following days to be a public holiday during the year 2020 under section 25 of NI act 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2020 Sunday REPUBLIC DAY 2 09.02.2020 Sunday GURU RAVIDAS’S BIRTHDAY 3 21.02.2020 Friday MAHASHIVARATRI 4 10.03.2019 Tuesday HOLI 5 01.04.2020 Wednesday Banks’ Annual closing of…
The Government of Kerala State declared the following days as public HOLIDAYS for the year 2020 under Section 25 of NI Act (Negotiable Instrument Act) 1881. Sr.No Date Day Occasion/Festival Date 1 21.02.2020 Friday MAHASHIVARATRI 2 01.04.2020 Wednesday BANKS’ ANNUAL CLOSING OF ACCOUNTS 3 10.04.2020 Friday GOOD FRIDAY 4 14.04.2020 Tuesday VISHU/ Birthday of Dr.B.R…
The Government of Meghalaya declared the following days to be a public holiday during the year 2020, under the explanation of section 25 of NI act 1881. List of Holidays Sr.No Date Day Occasion/Festival Date 1 01.01.2020 Wednesday New year Day 2 26.01.2020 Sunday Republic Day 3 10.03.2020 Tuesday HOLI 4 01.04.2020 Wednesday Banks’ Annual…
The Government of NCT Delhi declared the following days to be a public holiday during the year 2020 under section 25 of NI act 1881. Sr.No Date Day Occasion/Festival 1 January 26 Sunday REPUBLIC DAY 2 March 10 Tuesday HOLI 3 April 01 Wednesday Banks’ Annual closing of accounts 4 April 06 Monday MAHAVEER JAYANTI…