Bank holidays 2023: Rajasthan State

The Department of Finance, Government of Rajasthan vide circular dated 08.12.2023 declared bank Holidays under section 25 of the NI act for the year 2023. Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 07.03.2023 Tuesday HOLI/DHULANDI 3 30.03.2023 Thursday RAM NAVAMI 4 01.04.2023 Saturday Banks’ Annual closing of accounts* (This holiday is…

Bank holidays of 2023:  Goa state

List of public holiday for the year 2023 declared by Government of Goa u/s 25 of NI Act Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 07.03.2023 Tuesday HOLI 3 22.03.2023 Wednesday GUDIPADVA 4 01.04.2023 Saturday YEARLY CLOSING OF BANK ACCOUNTS* 5 07.04.2023 Friday GOOD FRIDAY 6 14.04.2023 Friday DR.BABASAHEB AMBEDKAR JAYANTI…

Bank holidays 2023: Maharashtra State

The Government of Maharashtra has declared 24 Public Holidays for the year 2023 notified under section 25 of the Negotiable Instruments Act, 1881 (XXIV of 1881) as per Notification No. PHD. 1122/C.R. 117/Desk-29, Dated 2nd December 2022. Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 18.02.2022 Saturday MAHASHIVARATRI 3 19.02.2023 Sunday CHATRAPATI…

Bank holidays 2023 under NI Act: Assam State

The Government of Assam declared the following holidays for the year 2023 under section 25 of the NI Act 1881. These holidays are applicable exclusively to the banks located within the State of Assam administration [Ref: e.file.No. 221561/1 dated 28.11.2022] Sr.No Date Day Occasion/Festival Date 1 15.01.2023 Sunday MAGH BIHU 2 26.01.2023 Thursday REPUBLIC DAY…

Bank Holidays 2023: Jharkhand State

Calendar of Bank holidays 2023 in Jharkhand State under section 25 of NI act 1881 Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 18.02.2023 Saturday MAHASHIVARATRI 3 07.03.2023 Tuesday HOLIKA DAHAN 4 08.03.2023 Thursday HOLI 5 30.03.2023 Thursday RAM NAVAMI * 01.04.2023 Saturday Banks’ Annual Closing of Accounts (This holiday is not…

Single Block Multiple Debits (SBMD) features for UPI payment announced

The Governor of the Reserve Bank of India (RBI) in his ‘Statement on Developmental and Regulatory Policies’ of December 7, 2022, announced special features like ‘Single-Block-and-Multiple-Debits (SBMD)’ within the UPI framework. Under the SBMD framework, once the UPI customer has given consent to block the money in their bank account, the merchant can make multiple…

Paperless home loans a reality soon

The Ministry of Electronics and Information Technology (MeitY) has made it possible to digitize mortgage and other property documents for several new types of loans, which will give a boost to the digitization of home loans. NESL provides a digital documentation execution service for banks that enables contracts to be made electronically. DDE is a…