Categories: Bank News

Bank holidays 2022 under NI acts: Andhra Pradesh State

The Government of Andhra Pradesh declared the following days as public holidays for the year 2022 under section 25 of NI Act (Negotiable Instrument Act) 1881.

Sr.No.DateDayOccasion/Festival
115.01.2022SaturdaySANKRANTI/PONGAL
226.01.2022WednesdayREPUBLIC  DAY
301.03.2022TuesdayMAHASHIVARATRI
401.04.2022FridayAnnual closing of bank accounts (Holiday applicable only to Banks)
514.04.2022ThursdayDr. B.R.AMBEDKAR BIRTHDAY
615.04.2022FridayGOOD FRIDAY
703.05.2022TuesdayEID-UL- FITR (RAMZAN)
809.08.2022TuesdayMOHARRAM
915.08.2022MondayINDEPENDENCE DAY
1019.08.2022FridaySRI KRISHNASHTAMI
1105.10.2022WednesdayVIJAYA DASHAMI
1225..10.2022TuesdayDEEPAVALI

All Sundays and 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881.  The following festivals/occasions are not included in the holiday list.  

01.05.2022 May Day,  10.7.2022 EId-ul-azha, 2.10.2022 Mahatma Gandhi birthday,             25.12.2022 Christmas.

If any of the holidays for the festivals of the Muslim fraternity notified above does not fall on the date notified, the holiday date may be altered by the concerned government or the community fraternity in government service may be granted special holidays on the date observable.

Source: AP Govt circular No. [G.O.Rt.No. 1997, G.A (Poll. B) Dept., Dt:26.11.2021]

Disclaimer: Every effort has been taken to avoid errors or omissions in the list of holidays published above as per the State Gazette. In spite of this, it is possible that any changes in holiday dates, mistakes, errors, ambiguity, inconsistency, discrepancy, or doubts may inadvertently creep up.  The readers in case of any doubts are therefore requested to be guided by the holiday list announced by the state Gazette or the banks located in the State of Andhra Pradesh or by the IBA for correct and authentic information. The author or anyone connected directly or indirectly to this website accepts no responsibility whatsoever and will not be liable for any losses, claims, or damages which may arise because of the contents of this write-up.

Surendra Naik

Share
Published by
Surendra Naik

Recent Posts

Various Theories/Approaches on Capital Structuring Explained

This article explains the assumptions and key aspects of approaches to capital structuring, including the…

3 hours ago

Factors Influencing Decision on Capital Structuring

A company's capital structure is influenced by various factors, including its size, profitability, growth prospects,…

4 hours ago

Understanding Leverage and Gearing

Leverage and gearing are financial terms that refer to the use of debt by a…

1 day ago

Meaning of Capital Structuring of a Company

Capital structure is the combination of debt and equity used by a company to finance…

1 day ago

Overview: Global and Indian Forex Market

The foreign exchange market, or Forex Market (FX market), is a global decentralized over-the-counter (OTC)…

2 days ago

Calculation of forward exchange rates explained with the illustrations

A currency forward contract is a customized, written contract between two parties that sets a…

2 days ago