Banks shut for up to 3 days this week on RBI holiday calendar

Banks across India, including SBI, HDFC, ICICI and PNB, will be closed for up to three days this week, according to the Reserve Bank of India's holiday calendar. On 16 August banks were shut for Sunday, and they will remain closed on 22 August (fourth Saturday) and 23 August (Sunday). In addition, on 19 August banks in Tripura will observe a regional holiday for the birth anniversary of Maharaja Bir Bikram Kishore Manikya Bahadur.

Physical branches will operate on normal business days for four to five days this week. Livemint reports that in-branch services resume on Monday from 10 am to 4 pm. However, digital banking channels such as internet banking, mobile banking, UPI and ATMs remain available 24/7 even on holidays.

The RBI calendar shows more closures later in August. On 25 August, banks in Kerala and Andhra Pradesh will shut for Milad-Un-Nabi and first Onam. On 26 August, 14 states including Maharashtra, Karnataka, Tamil Nadu, Delhi and Uttar Pradesh will observe Id-E-Milad. On 28 August, nine states will close for Raksha Bandhan.