The Rule for Exchange of Soiled, Mutilated, and Imperfect Notes in Banks
Updated as per RBI Master circular dated April 3, 2023 All bank branches are required to display at their branch premises, at a prominent place, a board indicating the availability of note and coin exchange facility with the legend, “SOILED/ MUTILATED NOTES AND COINS ARE ACCEPTED AND EXCHANGED HERE” for information about the general public.…
Read articleRBI extends time for bank locker renewal agreements
Reserve Bank of India (RBI ) on Monday extended the time for banks to renew their customer agreements for locker facilities. The banking regulator of India vide its circular dated August 18, 2021, had issued revised instructions with respect to the Safe Deposit Locker/Safe Custody Article Facility due to compliance delays.The previous deadline of December…
Read articleBank Holidays 2023 in Jammu and Kashmir
The administration of Jammu & Kashmir UT declared the following days to be a public holiday during the year 2023. Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 08.03.2023 Wednesday HOLI 3 30.03.2023 Thursday RAM NAVAMI 4 04.04.2023 Tuesday MAHAVIR JAYANTI * 01.04.2023 Saturday ANNUAL CLOSING OF BANKS’ ACCOUNT 5 07.04.2023 Friday…
Read articleList of Bank Holidays of all the states and Union Territories for the year 2023
This post offers you holiday lists for the calendar year 2023 released by all the state Governments and administrations of Union territories of India under the explanation of section 25 of the Negotiable Instrument Act 1881 (NI Act). The holiday declared under NI Act is applicable exclusively to the banks located within the administration area…
Read articleBank holidays 2023 in Lakshadweep UT
The Administration of Lakshadweep vide order no. 35/02/2018 Genl/2677 dated 21.12.2023 declared Public holidays to be observed throughout UT Lakshadweep during the calendar year 2023 Sr.No Date Day Occasion/Festival Date 1 26.01.2023 Thursday REPUBLIC DAY 2 18.02.2023 Saturday SHIVRATHRI 3 08.03.2023 Wednesday HOLI 4 01.04.2023* Saturday ANNUAL CLOSING OF BANKS’ ACCOUNT 5 07.04.2023 Friday GOOD…
Bank Holidays 2023 in Union Territory of Ladakh
The Administration of Ladakh order no. 388/LA (GAD) of 2022 26/12/2022 declared Public holidays to be observed throughout the UT of Ladakh during the calendar year 2023 Sr.No Date Day Occasion/Festival Date 1 26.01.2022 Wednesday REPUBLIC DAY 2 08.03.2023 Wednesday HOLI 3 21.03.2023 Tuesday NAUROZ * 01.04.2023 Saturday ANNUAL CLOSING OF BANKS’ ACCOUNT 4 14.04.2023…
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