Jharkhand State Government in its official notification No.15/S.O.-03-05/2023-6371 dated 09.11.2023 declared that the following days are bank holidays/Public holidays for the year 2024 under the explanation of section 25 of the Negotiable Instrument Act 1881. List of Bank holidays for 2024 in Jharkhand State under section 25 of NI Act 1881 Sr.No Date Day Occasion/Festival…
The Government of Chhattisgarh in its circular No 1-1/2023/1-5 dated 05.11.2024 declared the following days to be Bank holidays (Public holidays) during the year 2024 under the explanation of section 25 of NI Act 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2024 Friday REPUBLIC DAY 2 08.03.2024 Friday MAHASHIVARATRI 3 25.03.2024 Monday HOLI 2nd DAY…
The Government of Maharashtra has separately declared 24 Public Holidays for the year 2024 notified the section 25 of the Negotiable Instruments Act, 1881 (XXIV of 1881) as per Notification No.PHD-1123/C.R.148/JPK (Desk 29) dated 09.11.2023. Sr.No Date Day Occasion/Festival Date 1 26.01.2024 Friday REPUBLIC DAY 2 19.02.2024 Monday CHATRAPATI SHIVAJI MAHARAJ JAYANTI 3 08.03.2024 Friday…
The Tamil Nadu government has announced a list of 24 days as public holidays in 2024 under the Negotiable Instruments Act, 1881, which will be applicable to State government offices, its undertakings, corporations and boards, among others. Sr.No Date Day Occasion/Festival Date 1 01.01.2024 Monday NEW YEAR’s DAY 2 15.01.2024 Monday PONGAL 3 16.01.2024 Tuesday…
The Government of Himachal Pradesh vide notification No.GAD-A(F)10-7/2023 dated 02.11.2023 declared the following days as public holidays for the year 2024 under section 25 of the NI Act (Negotiable Instrument Act) 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2024 Friday REPUBLIC DAY 2 08.03.2024 Friday MAHASHIVARATRI 3 25.03.2024 Monday HOLI * 01.04.2024 Monday Banks’ Annual…
The Government of Bihar declared the following public holidays for the year 2024 under explanation to section 25 of the Negotiable Instrument Act 1881 as per gazette notification dated 11th September 2023 (Schedule 4). Sr.No Date Day Occasion/Festival Date 1 26.01.2024 Friday REPUBLIC DAY 2 22.03.2024 Friday BIHAR DAY 3 26.03.2024 Tuesday HOLI 4 27.03.2024…
Consumer Price Index for July, August, and September 2023 are respectively- 139.70, 139.20, and 137.50. It works out to 693 slabs of DA payable to bank staff for the quarter of November 2023 to January 2024. Hence there will be an increase of 61 slabs in DA for the above period at 48.51% as per…
The Government of Kerala State declared the following days as public HOLIDAYS for the year 2024 under Section 25 of the NI Act (Negotiable Instrument Act) 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2024 Friday REPUBLIC DAY 2 08.03.2024 Friday MAHASHIVARATRI 3 29.03.2024 Friday GOOD FRIDAY 4 01.04.2024 Thursday BANKS’ ANNUAL CLOSING OF ACCOUNTS 5…
The Hon’ble Supreme Court in its Judgment dated April 16, 2004, has ordered that excess interest collected by the banks from the borrowers through rounding off the applicable interest rate should be recovered from the banks and credited to a Trust to be created for the benefit of disadvantaged people. In the same judgment, the…
RBI issued a press release today stating that the Government of Maharashtra has declared June 29, 2023, as a public holiday under Section 25 of the Negotiable Instruments Act, of 1881. The Maharashtra Government declared a public holiday on June 28, 2023, earlier, that has been now canceled. Settlement of the auction of state government…