Banking News

Banks open or closed today November 8? Guru Nanak Jayanti, Kartik Purnima Holiday

Guru Nanak Jayanti, Kartik Purnima, Bank Holiday Today: Today is Guru Nanak Jayanti and Kartik Purnima. On this occasion, several institutions including government and private offices observe holiday.  Likewise, private and government banks will remain shut today on the occasion of Guru Nanak Jayanti, Kartika Purnima, Rahas Purnima. Although the bank holiday is state-specific, most of the states will observe holiday today.

According to the Reserve Bank of India (RBI)’s holiday calendar website, banks will remain closed on November 8 in these cities– Aizawl, Belapur, Bhopal, Bhubaneswar, Chandigarh, Dehradun, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar.

Banks will, however, remain open on Guru Nanak Jayanti in Agartala, Ahmedabad, Bengaluru, Chennai, Gangtok, Guwahati, Imphal, Kochi, Panaji, Patna, Shilong and Thiruvananthapuram.

The RBI issues bank holidays list on its official website- The central bank places the holidays under three categories- Holiday under the Negotiable Instruments Act; Holiday under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts.

Upcoming Bank Holiday November 2022- Full list (Under Holiday under Negotiable Instruments Act)

November 11: On the occasion of the “Kanakadasa Jayanthi/Wangala Festival”, banks will remain closed in some circles on November 11. Bengaluru and Shillong are the circles where banks will not operate on this day.

Bank Holidays in November 2022: Banks to remain closed for 10 days this month

November 23: Banks in Shillong will remain closed on the occasion of “Seng Kutsnem” on November 23 as per the RBI Bank Holiday list.

Overall, banks will remain closed for 10 days this month. Out of these, four are holidays while others are Saturdays and Sundays. Earlier in October, banks were closed for 21 days.

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