Bank Holidays in December 2023: Banking activities face disruption with strikes, holidays | FULL LIST

Image Source: FREEPIK A representational picture of a desktop calendar with texts in English.

As December approaches, bank customers across India should brace themselves for disruptions to banking services, including a planned 6-day strike by bank unions, bank holidays and weekends. Although bank branches are expected to close on various occasions, digital banking services through mobile and internet platforms will remain operational.

Indian Bank Employees Association (AIBEA) has called for a 6-day nationwide strike in December which will affect different banks on different dates:

  • December 4: Punjab National Bank (PNB), Punjab and Sindh Bank, State Bank of India (SBI)
  • December 5: Bank of Baroda, Bank of India
  • December 6: Canara Bank, Central Bank of India
  • December 7: Indian Bank, UCO Bank
  • December 8: Union Bank of India, Bank of Maharashtra
  • December 11: All Private Banks

In addition, the Reserve Bank of India (RBI) has recognized certain holidays in December, which will result in bank closures:

  • December 1: State Inauguration Day/Indigenous Faith Day
  • December 4: St. Francis Xavier Festival
  • December 12: Pa-Togan Nengminja Sangma
  • 13 and 14 December: Losoong/Namsoong
  • December 18: Death Anniversary of U SoSo Tham
  • December 19: Goa Independence Day
  • December 25: Christmas
  • December 26: Christmas celebration
  • 27 and 30 December: Christmas and U Kiang Nangbah

In addition, weekends and second Saturdays contribute to the closure of bank branches:

  • December 3: Sunday
  • December 9: Second Saturday
  • December 10: Sunday
  • December 17: Sunday
  • 23 December: Fourth Saturday
  • December 24: Sunday
  • 31 December: Sunday

Banks could be closed for up to 24 days in December as a result of the cumulative impact of strikes, bank holidays and weekends. However, it is important to note that these closures will not be uniform across all states and regions.

Customers are advised to plan their banking activities accordingly, taking advantage of online services during this period of possible disruption to traditional banking operations.

Also read | Reliance Industries to invest additional Rs 20,000 cr in West Bengal in three years’, says Mukesh Ambani

Latest Business News

Denial of responsibility! vismuseum.org.in is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – at loginhelponline@gmail.com The content will be deleted within 24 hours.

Read original article here

Leave a Comment