Bank Holidays 2019: Uttar Pradesh

The following holidays declared under NI Act 1881 by the Government of Uttar Pradesh are applicable exclusively to the banks located within the State of Uttar Pradesh administration. List of Holidays   Sr.No Date Day Occasion/Festival Date 1 26.01.2019 Saturday REPUBLIC DAY 2 04.03.2019 Monday MAHA SHIVRATRI 3 20.03.2019 Wednesday HOLI/MD.HAZARAT ALIS BIRTHDAY 4 21.03.2019…

Bank Holidays 2019: Arunachal Pradesh

Bank holidays in India are declared as public holidays under explanation to section 25 of the Negotiable Instrument Act 1881. 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,…

Bank Holidays 2019: Rajasthan State

The following holidays declared under NI Act 1881 by the Government of Rajasthan are applicable exclusively to the banks located within the State of Rajasthan’s administration. List of Holidays   Sr.No Date Day Occasion/Festival Date 1 26.01.2019 Saturday REPUBLIC DAY 2 21.03.2019 Thursday HOLI/GULANDI 3 01.04.2019 Monday Banks’ Annual closing of accounts 4 13.04.2019 Saturday…

Bank Holidays 2019: Punjab State

The following holidays declared under NI Act 1881 by the Government of  Punjab  are applicable exclusively to the banks located within the State of Punjab  administration. List of Holidays Sr.No Date Day Occasion/Festival Date 1 26.01.2019 Saturday REPUBLIC DAY 2 19.2.2019 Tuesday GURU RAVIDAS BIRTHDAY 3 21.03.2019 Thursday HOLI 4 01.04.2019 Monday BANK’S ANNUAL CLOSING…

Bank Holidays 2019: Madhya Pradesh

The following holidays declared under NI Act 1881 by the Government of Madhya Pradesh  are applicable exclusively to the banks located within the State of Madhya Pradesh  administration. List of Holidays Sr.No Date Day Occasion/Festival Date 1 26.01.2019 Saturday REPUBLIC DAY 2 04.03.2019 Monday MAHASHIVARATRI 3 21.03.2019 Thursday HOLI 4 01.04.2019 Monday Banks’ Annual Closing…

Bank Holidays 2019: Kerala State

List of Bank Holidays for the year 2019:  Kerala  State The following holidays declared under NI Act 1881 by the Government of Kerala are applicable exclusively to the banks located within the State of Kerala administration. Sr.No Date Day Occasion/Festival Date 1 26 Jan 2019 Saturday Republic Day 2 4 March 2019 Monday Maha Shivarathri…

Policy Repo Rate remains unchanged : RBI announces 5th Bi-Monthly Statement for 2018-19

December 5, 2018: The Monitory Policy Committee (MPC) of Reserve Bank of India in its  fifth  Bi-Monthly Statement for 2018-19, announced today(December 5,2018) keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.5 per cent. Consequently, the reverse repo rate under the LAF remains at 6.25 per cent, and the marginal…

RBI Press release on Central Board meets at Mumbai

RBI Press release 2018-2019/1165 date November on 19.11.2018 on Central Board meets at Mumbai The Reserve Bank of India’s (RBI) Central Board met ON 21.11.2018 in Mumbai and discussed the BASEL REGULATORY CAPITAL FRAMEWORK, A RESTRUCTURING SCHEME for stressed MSMEs, BANK HEALTH UNDER PROMPT CORRECTIVE ACTION (PCA) framework and the ECONOMIC CAPITAL FRAME WORK (ECF)…