The Reserve Bank of India today (April 7, 2022) released the guidelines on the “Establishment of Digital Banking Units (DBUs)”. These guidelines are applicable to all Domestic Scheduled Commercial Banks (excluding Regional Rural Banks, Payments Banks, and Local Area Banks). As per the guidelines, scheduled commercial banks with past digital banking experience are permitted to…
Finance Minister Nirmala Sitharaman presented the fourth Budget of the second term of the Modi government today. The stage for the Budget presentation was set by the Economic Survey stating that the government has the fiscal space to do more to support the economy that is forecast to grow at a healthy 8-8.5 percent growth…
The holidays declared under NI Act is applicable exclusively to the banks located within the administration area of a specific State or Union Territory. In other States and Union territories where it is not a holiday, banks remain open and allow normal banking transactions similar to any other working day. SOUTHERN INDIA Click the name…
The holiday declared under NI Act is applicable exclusively to the banks located within the administration area of specific State and Union Territory. In other States and Union territories where it is not a holiday, banks remain open and allow normal banking transactions similar to any other working day. Click the name of the State…
Under the Explanation to Section 25 of the Negotiable Instrument Act, 1881 (Central Act XXVI of 1881) read with the Government of India, Ministry of Home Affairs, Notification No.20-25/26/Pub.1, dated 08.06.1957, the following days shall be observed as Holidays in the Union Territory during the year 2022:- Sr.No Date Day Occasion/Festival Date 1 09.01.2022 Sunday…
The following days are declared for the year 2022 as public holidays under sec 25 of NI Act 1881 in the Union Territory of Andaman and Nicobar. Sr.No Date Day Occasion/Festival Date 1 14.01.2022 Thursday MAKARA SANKRANTI/PONGAL/MAGHA BIHU 2 26.01.2022 Wednesday REPUBLIC DAY 3 18.03.2022 Friday HOLI * 01.04.2022 Friday *ANNUAL CLOSING OF BANK ACCOUNTS …
The bank holidays in the administration area of Ladakh UT were declared to be a public holiday during the year 2022, under the explanation of section 25 of NI act 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2022 Wednesday REPUBLIC DAY 2 01.03.2022 Tuesday Mela Dosmochey (Leh District & Zanskar Sub-division only) 3 18.03.2022 Friday…
The 2024 calendar will be Shortly updated. Bank holidays in the Administration of Lakshadweep UT for the year 2022 were declared to be public holidays during the year 2022, under the explanation of section 25 of NI Act 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2022 Wednesday REPUBLIC DAY 2 18.03.2022 Friday HOLI 3 01.04.2022…
The 2024 calendar will be shortly updated. The UT Administration of Dadra & Nagar Haveli, vide notification no. No’11/01/96-06/GA/Holiday /ll/202L-22 dated 06.10.2021 declared the following days to be Public Holidays for the year 2022 under section 25 of NI act 1881 The following holidays apply to all Industrial Establishments, Public Sector Undertakings, and Commercial Banks…
Calendar of public holidays/ bank holidays 2022 in Union Territory of Puducherry (Pondicherry) Sr.No Date Day Occasion/Festival Date 1 01.01.2022 Saturday NEW YEAR DAY 2 14.01.2022 Friday PONGAL 3 15.01.2021 Saturday THIRUVALLUVAR DAY/MATTU PONGAL 4 26.01.2021 Wednesday REPUBLIC DAY 5 01.04.2022 Friday BANKS’ ANNUAL CLOSING OF ACCOUNTS 6 14.04.2022 Thursday DR.B.R.AMBEDKAR BIRTH DAY/ TAMIL NEW…