Categories: Bank News

Bank holidays 2023 under NI act : ODISHA State

List of Public Holidays in Odisha (Orissa) State under sec 25 of NI Acts

Sr.NoDateDayOccasion/Festival Date
126.01.2023ThursdayREPUBLIC DAY
218.02.2023SaturdayMAHA SHIVARATRI
308.03.2023WednesdayHOLI
430.03.2023ThursdayRAM NAVAMI
501.04.2023SaturdayAnnual closing of Bank accounts (Applicable to banks only)
607.04.2023FridayGOOD FRIDAY
714.04.2023FridayDr. B.R.AMBEDKAR JAYANTI
815.06.2023ThursdayRAJA SANKRANTI
920.06.2023TuesdayRATH YATRA
1030.06.2023FridayID-UL-ZUHA
1115.08.2023TuesdayINDEPENDENCE DAY
1206.09.2023WednesdayJANMASHTAMI
1319.09.2023TuesdayGANESH PUJA
1420.09.2023WednesdayNAUKHAI
1502.10.2023MondayMAHATMA GANDHI BIRTHDAY
1623.10.2023MondayMAHA NAVAMI
1724.10.2023TuesdayVIJAYA DASHAMI
1818.11.2023MondayRAHAS PURNIMA
1925.12.2023MondayCHRISTMAS

*All Sundays and 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881. (This holiday rule is applicable to all commercial and cooperative banks operating in the entire India).

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.

Disclaimer: Every effort has been taken to avoid errors or omissions in the list of holidays published above. 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 are therefore requested to be guided by the holiday list announced by the banks of respective states/UT 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

What is Weighted Marginal Cost of Capital?

The marginal cost of capital (MCC) is the total combined cost of debt, equity, and…

16 minutes ago

Meaning of WACC and factors affecting the WACC

The weighted average cost of capital (WACC) is the average rate that a business pays…

17 hours ago

Regulations on Interest Rate Resets on EMI based personal loans explained

The Reserve Bank of India (RBI) defines a personal loan as a type of unsecured…

18 hours ago

Determining the Proportion:  Preference V/s Equity Shares

A share is a unit of ownership in a company and has an exchangeable value…

1 day ago

Overview: Cost of Debt, Taxation, & Capital Structure

The cost of debt is the interest rate a company pays on its debt, and…

2 days ago

Various Theories/Approaches on Capital Structuring Explained

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

3 days ago