The holiday declared under the NI Act applies exclusively to the banks located within the administration area of specific State and Union Territories. In other States and Union territories where it is not a holiday, banks remain open and allow normal banking transactions like other working days.
Find the holidays for 2025 in the under-mentioned states of Punjab, Haryana, and Madhya Pradesh
BANK HOLIDAYS 2025: PUNJAB STATE
BANK HOLIDAYS 2025: HARYANA STATE
BANK HOLIDAYS 2025: MADHYA PRADESH
A "right debenture" is a form of convertible debenture, granting the holder additional rights beyond…
Introduction: Term loan is a type of loan where a fixed amount of money is…
The Government of India has introduced the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) to…
Introduction The Banking Regulation Act of 1949 is the primary legislation governing banking activities in…
Factoring is commonly identified as accounts receivable factoring, invoice factoring, and sometimes accounts receivable financing.…
Though financial transactions involved in ‘factoring’ and ‘forfaiting’ appears alike, these two terms are different…