The last month of 2020 has some holidays where the banks will remain closed. The Reserve Bank of India (RBI) has announced some days when the banking operations will remain closed in the month of December.
According to the Reserve Bank of India (RBI) guidelines, banks will remain shut on public holidays.
However, it must be noted that the bank holidays vary in various states and are not observed by all the banking companies.
December 25 (Friday) Christmas is a holiday during which all the banks across the country will remain closed.
Full list of dates when the banks will remain closed:
December 1: Ordinary Elections to Greater Hyderabad Municipal Corporation
December 3: Kanakadasa Jayanthi/Feast of St. Francis Xavier
December 12: Pa-Togan Nengminza Sangma
December 17: Losoong/Namsoong
December 18: Death Anniversary of U SoSo Tham/Losoong/Namsoong
December 19: Goa Liberation Day
December 24: Christmas Festival
December 25: Christmas
December 26: Christmas Festival
December 30: U Kiang Nangbah
December 31: Year’s Eve
Holidays of the mentioned days will be observed in various regions according to the state declared holidays, however for the gazetted holidays, banks will be closed all over the country.