Eid holiday canceled on march 31, RBI issued instructions!
On the occasion of Eid on march 31, many private offices including government offices will also be closed, but banks will remain open on this occasion. While releasing the holiday calendar for banks, the Reserve bank had announced a holiday for all banks on march 31, but now some changes have been made in it. Now many banks will remain open on march 31 despite the holiday. Actually, march 31 is the last day of the financial year 2024-25, so banks have to deal with many important tasks.
Banks closed for the public today
The Reserve bank had earlier instructed to keep banks closed in all states except himachal pradesh and Mizoram on the occasion of Eid on march 31. However, still except these two states, banks will remain closed for the general public everywhere. But there will be no holiday, some banks will work. However, net banking, UPI, ATM will remain operational during this time.
These works will be done in all agency banks
RBI has instructed all agency banks that banks will remain open on this day due to work related to government transactions. Agency banks are also called agent banks. They do banking related work on behalf of the central or state government such as distribution of subsidies, payment of pension, tax collection (income tax, GST, custom and excise duty), salary of government employees etc. According to the report, out of 33 agency banks in India, 12 are government banks, 20 are private banks and one is a foreign bank.
List of bank holidays this week
march 28, Friday: Jumat-ul-Vida — Banks will remain closed in Jammu and Kashmir
march 30, Sunday: Weekly holiday — Holiday in all banks across the country
march 31, Monday: Eid-ul-Fitr (Ramadan Eid) — Banks will remain closed in almost all states except Mizoram and Himachal Pradesh.
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