Bank Holidays 2020 declared by Tripura State Government

Sr.No Date Day Occasion/Festival Date 1 23.01.2020 Thursday Netaji ‘sBirthday 2 30.01.2020 Thursday Saraswati Puja 3 01.04.2020 Wednesday Yearly Bank closing Day 4 13.04.2020 Monday Biju Festival 5 14.04.2020 Tuesday Bengali New Year 6 20.04.2020 Monday Garia Puja 7 07.05.2020 Thursday Buddha Purnima 8 25.05.2020 Monday Idul-Fitr 9 14.07.2020 Tuesday Ker Puja 10 01.08.2020 Saturday…

Bank Holidays 2020: Chhattisgarh

The Government of Chhattisgarh 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 21.02.2020 Friday MAHASHIVARATRI 2 10.03.2020 Tuesday HOLI 3 01.04.2019 Wednesday Banks Annual Closing 4 06.04.2020 Monday MAHAVEERA  JAYANTHI 5 10.04.2020 Friday GOOD FRIDAY 6 07.05.2020…

Bank Holidays 2020: Mizoram

List of Public Holidays for the year 2020 declared by Government of Mizoram Sr.No Date Day Occasion/Festival Date 1 01.01.2020 Wednesday New Year ‘s Day 2 02.01.2020 Thursday New Year’s Celebration  3 11.01.2020 Saturday Missionary Day    4 26.01.2020 Sunday Republic Day 5 20.02.2020 Thursday State Day 6 06.03.2020 Friday Chapchar Kut 7 10.3.2020 Tuesday Holi…

Bank Holidays 2020 declared by Goa Government

List of public holiday for the year 2020 declared by Government of Goa u/s 25 of NI Act Sr.No Date Day Occasion/Festival Date 1 26.01.2020 Sundayy REPUBLIC DAY 2 10.03.2020 Tuesday HOLI 3 25.03.2020 Wednesday GUDI PADVA/UGADI 4 01.04.2019 Wednesday YEARLY CLOSING OF BANK ACCOUNTS 4 06.04.2019 Saturday GUDI PADVA/UGADI 5 10.04.2020 Friday GOOD FRIDAY…

Bank Holidays 2020: Himachal Pradesh

The following holidays declared under section 25 of NI Act 1881 by the Government of Himachal Pradesh are applicable exclusively to the banks located within the State of Himachal Pradesh administration. Sr.No Date Day Occasion/Festival Date 1 26.01.2020 Sunday REPUBLIC DAY 2 22.02.2020 Friday MAHA SHIVRATRI 3 10.03.2020 Tuesday HOLI 4 01.04.2020 Wednesday Banks’ Annual…

Agriculture finance and government initiatives in escalating viable financial services to the sector

Agriculture is back bone of Indian economy which provides employment and livelihood to a large section of the Indian population. As per ILO estimate of 2018, approximately 44% of the working population is employed in the agriculture and allied sector. The vast farming area, diverse agriculture and a large population dependent on agriculture and also…

Asset Reconstruction Companies are barred from Acquisition of financial assets from sponsors and lenders

On Friday (December 6), RBI announced that Asset Reconstruction Companies (ARCs) shall not acquire financial assets, from the following on a bilateral basis, whatever may be the consideration. The above restriction is applicable to the following types of ARCs where; a bank/ financial institution which is the sponsor of the ARC; a bank/ financial institution…