The Reserve Bank of India (RBI) has stated that some banking activities would be suspended on certain days in July, while internet banking services will continue to be available.
Banks will be closed for a total of 15 days in July, according to the RBI holiday calendar list, with the remaining days being weekends. Banking operations in various states, on the other hand, may differ.
Bank holidays are classified by the RBI into three categories: Holiday underneath the Negotiable Instruments Act, Holiday underneath the Negotiable Instruments Act and Real Time Gross Settlement Holiday, and Banks’ Closing of Accounts.
It should be noted that bank holidays vary by state and are not always honoured by all banks. Banking holidays are also dependent on state-specific festivities or notifications of special events in various states.
Aside from the aforementioned bank holidays, banks will be closed on the second and fourth Saturdays of each month.
The following is a list of bank holidays that fall in July (along with Saturday and Sunday):
July 4 – Sunday
July 10 – Second Saturday of the month
July 11 – Sunday
July 12 – Ratha Yatra/ King (Rathajatra)
July 13 – Bhanu Jayanti
July 14 – Drukpa Tshechi
July 16 – Harela
July 17 – U Tirot Sing Day/Kharchi Puja
July 18 – Sunday
July 19 – Guru Rimpoche’s Thungkar Tshechu
July 20 – Bakrid
July 21 – Bakri Id (Id-Ul-Zuha) (Eid-Ul-Adha)
July 24- Fourth Saturday of the month
July 25 – Sunday
July 31 – Ker Puja
