Will banks remain closed on the day of Shri Krishna Janmashtami? Will the stock market remain open?

Will banks remain closed on the day of Shri Krishna Janmashtami? Will the stock market remain open?


Bank Holiday List August: Next week is starting with Shri Krishna Janmashtami. On this festival falling on Monday 26 August, schools and colleges will remain closed, but will banks also remain closed? To know this, we checked the RBI’s list of bank holidays 2024. According to the list, most of the banks in the country will remain closed. A day before that, on Sunday, banks will also remain closed due to weekly holiday, but banks will remain open on Saturday. Because, the coming Saturday is the fifth Saturday of the month. Banks remain closed only on the second and fourth Saturdays.

According to the website of the Reserve Bank of India, banks will remain closed in Ahmedabad, Bhopal, Bhubaneshwar, Chandigarh, Chennai, Dehradun, Gangtok on Monday, 26 August on the occasion of Janmashtami. Banks are also closed in Hyderabad, Jaipur, Jammu, Kanpur on this day. There will be no work in banks on 26 August in Kolkata, Lucknow, Patna, Raipur, Ranchi, Shillong, Shimla and Srinagar.

In September, apart from gazetted holidays in different states, banks will remain closed on the occasion of local festivals. On September 4, banks will remain closed in Guwahati on the occasion of Tirubhav of Srimanta Shankardev. On September 7, there is a bank holiday in most places on the occasion of Ganesh Chaturthi/Samvatsari (Chaturthi Paksha)/Varasiddhi Vinayak Vrat/Vinayak Chaturthi. Banks will also not open on Karma Puja/First Onam on September 14 and Milad-un-Nabi or Eid-e-Milad (Prophet Mohammad’s birthday) (Bara Wafat) on September 16. Banks will also remain closed in some places on Indrajatra/Eid-e-Milad (Milad-un-Nabi) on the 17th. Banks will also remain closed in different places on the 18th, 20th, 21st and 23rd.

Stock market will remain open on Shri Krishna Janmashtami

The stock market will remain open on the day of Shri Krishna Janmashtami. According to the BSE holiday list 2024, now the stock market holiday is on October 2. The stock market will remain closed on this day on the occasion of Gandhi Jayanti.