April 1, and all Sundays, 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881. (This holiday rule applies to all commercial and cooperative banks operating throughout India.): Date Day Occasion/Festival Date 26.02.2025 Wednesday MAHASHIVARATRI 14.03.2025 Friday HOLI 2nd Day 31.03.2025 Monday RAMZAN (IDUL FITR) 01.04.2025…
The Supreme Court today overruled a 2008 decision by the National Consumer Disputes Redressal Commission (NCDRC) that capped the interest rate banks could charge on late credit card bill payments at 30% per annum, bringing relief to banks. The National Consumer Court had in 2008 restrained banks from charging interest rates over 30% per annum…
The Government of Uttar Pradesh vide order No. 870/3-2024-39(2)/2016 dated 17.12.2025 declared following days as General Holidays for the year 2025 Sr.No Date Day Occasion/Festival Date 1 14.01.2025 Tuesday MD.HAZARAT ALI’S BIRTHDAY 2 26.01.2025 Sunday REPUBLIC DAY 3 26.02.2025 Wednesday MAHA SHIVRATRI 4 13.03.2025 Thursday HOLIKA DAHAN 5 14.03.2025 Friday HOLI 6 31.03.2025 Monday ID-UL-FITR…
NPCI warns users about the rising ‘Digital Arrest’ scam targeting UPI users, in which scammers posing as officials use fear tactics to extract money or sensitive data. Be cautious if someone who claims to be from government agencies like the police, CBI, income tax officers, or customs agents, contacts you. The ‘Digital Arrest’ scam is…
The Employees’ Provident Fund Organisation (EPFO) will introduce dedicated PF withdrawal cards to PF subscribers. The PF withdrawal cards will function similarly to regular bank ATM cards. Withdrawals will be capped at 50% of the PF balance to ensure fund availability for emergencies. According to various news reports, Labour Ministry Secretary Sumita Dawra announced the…
The government of Bihar on October 3rd, 2024, issued a notification regarding the Bihar Government Holiday List of 2025 under explanation to section 25 of the Negotiable Instrument Act 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2025 Sunday REPUBLIC DAY 2 13.03.2025 Thursday HOLIKA DAHAN 3 14.03.2025 Friday HOLI 4 22.03.2025 Saturday BIHAR DIVAS 5…
The Andhra Pradesh State Government vide circular no. GO/Rt/No.2116 dated 6.12.2024 declared following General Holidays for the year 2025 under section 25 of Negotiable Instrument Act 1881. Following is the list of bank holidays for the year 2025 Sr.No. Date Day Occasion/Festival 1 14.01.2025 Tuesday MAKARA SANKRANTHI 2 26.01.2025 Sunday REPUBLIC DAY 3 26.02.2025 Wednesday…
The Government of Maharashtra Vide No.PHD-1124/C.R.91/Japuk (29) dated December 4, 2024, has released a Notification regarding the list of holidays FY 2025 under section 25 of the Negotiable Instrument Act 1881. Sr.No Date Day Occasion/Festival Date 1 26.01.2025 Sunday REPUBLIC DAY 2 19.02.2025 Wednesday CHATRAPATI SHIVAJI MAHARAJ JAYANTI 3 26.02.2025 Wednesday MAHASHIVARATRI 4 14.03.2025 Friday…
The Government of Chhattisgarh on October 23rd, 2024 issued a list of Declaration of Holidays for the Year 2025. The notification has stated that in addition to all the Sundays already included in the public holidays under the said Explanation, the days mentioned in the following schedule will also be public holidays in the whole…
On the 22nd of November, 2024, the Government of Jharkhand issued a notification regarding the official holidays for the year 2025. This includes a clear outline of gazetted holidays, executive order holidays, and bank annual closing holidays. List of Bank holidays for 2025 in Jharkhand State under section 25 of NI Act 1881 Sr.No Date…