The RBI places bank holidays under three brackets – Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts.
It may be noted that the bank holidays differ in various states as well and not observed by all the banks.
- Kang (Rathajatra)/Ratha Yatra: July 12
- Bhanu Jayanti: July 13
- Drukpa Tshechi: July 14
- Harela: July 16
- U Tirot Sing Day/Kharchi Puja: July 17
- Guru Rimpoche’s Thungkar Tshechu: July 19
- Bakrid: July 20
- Bakri Id (Id-Ul-Zuha) (Eid-UI-Adha): July 21
- Ker Puja: July 31
Apart from the bank holidays mentioned, the banks will remain closed on second and fourth Saturdays of the month.