Bank holidays are days on which banks are closed for business. They are typically observed on public holidays, religious festivals, and other special occasions. Bank holidays can also be declared by the government to provide employees with a break from work.
In India, bank holidays are declared by the Reserve Bank of India (RBI). The RBI publishes a list of bank holidays every year, which includes both national and regional holidays.
Bank holidays can have a significant impact on businesses and individuals. For businesses, bank holidays can lead to a decrease in productivity and a loss of revenue. Individuals may also experience inconvenience, as they may not be able to access banking services on bank holidays.
Bank holidays in november 2023 in india
There are six bank holidays in India in November 2023. These are:
- November 1, 2023 (Wednesday): Kannada Rajyotsava
- November 5, 2023 (Sunday): Diwali
- November 10, 2023 (Friday): Wangala Festival
- November 13, 2023 (Monday): Govardhan Puja
- November 14, 2023 (Tuesday): Diwali/Bali Pratipada/Vikram Samvant New Year Day/Laxmi Puja
- November 20, 2023 (Monday): Chhath