The bank will be closed for 14 days in the first month of the new year, the Reserve Bank announced the holiday list

-


- To settle the affairs of the bank in a timely manner

New Delhi, 29 December 2020 Tuesday

The Reserve Bank has announced a list of bank holidays in 2021. The most shocking thing was that the banks would be closed for 14 days in January in the first month of the new year. It also included four Sundays and a second-fourth Saturday.

In 2021, banks will be closed for a total of 56 days. These 56 days also come on Sundays and Saturdays. Some of these holidays apply to banks across the country while some holidays will be limited to that state. There are five Sundays in January, the second and fourth Saturdays in addition to Republic Day, Capricorn solstice and the rest of the holidays that the state will suffice.

However, the RBI said ATMs and mobile phone banking facilities would also be available on holidays. Banks will be closed on New Year's Day on the first day of January. The third is Sunday. The ninth is the second Saturday. The tenth is Sunday. The 14th is the holiday of Makar Sankranti and Pongal. The 17th is Sunday. The 23rd is the fourth Saturday and the 24th is Sunday. January 26 is Republic Day holiday. The 31st is again Sunday.

The rest of the holidays are Tilurvalluvar Day holiday on January 15 in addition to Mizoram respectively, and Uzavar Thirunal holiday on January 16. January 25th is Emoinu Iratpani holiday. Such holidays will be sufficiently limited. Thus, banks will be closed for 14 days in the first month. The Reserve Bank had instructed all those to whom these holidays were applicable to complete the work of their respective banks on time.

Comments

Post a Comment

Popular posts from this blog

Due to the ban, employment and economic activity declined by two to three percent

-
Image
New delhi date. October 7, 2019, Monday A new study has found that employment and economic activity have declined by two to three percent due to the ban. A similar situation has been observed in bank lending. The study found the decline to occur within two months of the notation announced on November 7. This is the first research on demineralization in which data on the effects of districts across India were collected. In addition to the districts, the effect of national level was also studied. Previous studies only examined the national level effect of demonitization. Thus, a full estimate of the overall effect is not known. As a result of the shortage of cash arising out of the blockade, the country's economic activity fell by approximately 8 percent in November-December 2 In the October-December period, bank credit has seen an impact of around two per cent. Cash pulls have impacted demand for a short period. The study found that there was a strong link between money and pro...
Read more

Information about soymilk and casein products

-
Image
- Industrial guidance - Dhiru Parekh Soymilk: Soybeans are converted to high-quality protein. So that high quality drinks can be made which can be easily digested. There is no difference between soymilk and cow's milk. So the conservative industries of milk processing are now using this milk to make yogurt and ice cream. Consumers also cannot tell the difference between ice cream made from cow's milk and from soy milk. Also, the production capacity of soy milk can be increased than that of cow's milk. And the price can be cheaper. Soybeans mainly contain two types of enzymes that are inactivated in the soymilk process. Leukoxidase that catalyzes the oxidation of fatty acids. And enzymes like pepsin, trypepsin are included in it. Which helps in digesting protein. Soyamilk powder manufacturing process: This is an electric pre-heater system. which basically allows fluid to flow easily in a stationless tube under low-voltages. which absorbs the energy flowing through the Ja...
Read more

The brokerage firm objected to SEBI's new proposal regarding Algo Trading

-
Image
MUMBAI: Brokerage firms and fintech companies have objected to market regulator SEBI's discussion paper considering all stock trading orders issued through Application Programming Interface (API) as separate trading, saying it could adversely affect the growth of such trading from India. Algo trading is considered to be an automatic buying-selling system based on algorithms. SEBI has recently said in a discussion paper that it would create a framework for regulating Algo trading by retail investors. A senior official of a brokerage firm said that monitoring of Algo trading is a need of the hour, but such an attempt could hamper the growth of Sebi Algo trading. He added that if the suggestions made in the SEBI discussion paper were implemented, it would be difficult for brokers to make the API available. About 70% of the daily trading volume in Indian stock markets is transacted through advanced forms of algo trading. Algo Trading came to India in the year 2006, but then only se...
Read more