Bank Holidays in January: All banks across both private and public sectors will remain closed in Gangtok on Tuesday, January 18, across Tamil Nadu for the Thai Poosam festival which is going to be celebrated in the state. On that note, bank customers must keep in mind that banks will be closed for as many as three out of seven days this week, if we count from January 17. Lenders in January have a total of 16 bank holidays, including weekend leaves. Out of these, 11 leaves have already been used up. The Reserve Bank of India, or RBI, has issued a list of holidays for the year 2022 in its annual list. The holidays have been prepared according to this list.
As per the RBI list, there are up to nine state wise bank holidays in January 2022, which has already entered its second half. This includes the first day of January, where banks remained closed in a few states. The remaining seven holidays are the weekend leaves when banks are closed nationally. So, if you have any bank related work, you should check with your nearest branch first regarding the bank holidays this week so that you can carry out your work seamlessly.
Bank holidays come into effect as per a list released by the Reserve Bank of India or RBI. According to a list by the central bank, the number of holidays has been fixed at 11 this month. The remaining are the weekend leaves. This includes all Sundays of the month, as well as second and fourth Saturdays. Banks remain open on the first and third Saturdays of every month. The RBI’s list of holidays falls into three categories. These are state-wise celebrations, religious holidays and festival celebrations.
The central bank’s notification for holidays has been notified under three brackets, including ‘Holiday under Negotiable Instruments Act’, ‘Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday’ and ‘Banks’ Closing of Accounts’. On these notified holidays, all branches of banks, which includes the public sector, private sector, foreign banks, cooperative banks and regional banks, will remain shut.
There are no national holidays this week or this month, but most of the banks will remain closed on January 26, on the account of Republic Day. Having said that, let’s take a look at the list of holidays when banks will be closed during the month of January, so that you can make a schedule accordingly.
Here is the full list of holidays for the third week of January 2022, as per RBI mandate: (Counting from January 17 onwards)
List of Leaves as per the Holiday Under Negotiable Instruments Act
January 18: Thai Poosam - Chennai
Apart from the varying state-wise holidays. The banks will remain closed on some of the days of the weekends. It must be noted in this regard that weekend leaves are uniform in nature across India. These are mentioned below:
January 22: Fourth Saturday of the month
January 23: Sunday