BackBank holidays after Diwali: Banks in Mumbai, Bengaluru, other cities will be shut
All banks in Mumbai will be closed on Monday after Diwali while Bengaluru banks will be shut on TuesdayCities like New Delhi, Chennai and Hyderabad have no bank holidays due to Diwali
PremiumNEW DELHI : Even as this Diwali is falling on a Sunday, banks in several cities of India like Mumbai, Bengaluru, Pune, Ahmedabad and Nagpur will get an additional holiday this festive season either on Monday or Tuesday. Diwali, the biggest festival of Hindus, is followed by Laxmi Puja, Govardhan Puja, Bhaidooj and other festivals. Several business communities also celebrate the Vikram Samvat New Year Day right after Diwali.
After this Friday, banks across India will be closed on Saturday as it is the fourth Saturday of the week. Sunday is again a weekly bank holiday. Diwali will also be celebrated on this day.
Bank holiday on Monday, October 28:
After Diwali, banks will remain closed on Monday across several cities and towns of India under the Negotiable Instruments Act. Banks will be closed in Mumbai, Pune, Ahmedabad, Lucknow, Kanpur, Jaipur and other cities.
These holidays are on account of Vikram Samvat New Year Day, Laxmi Puja and Govardhan Puja.
Bank holiday on Tuesday, October 29:
Among major cities, Lucknow and Kanpur are the only ones where banks will be closed on both Monday and Tuesday under the NI Act. Bhaidooj and Chitragupt Puja would be celebrated in several places on this day.
Banks in Bengaluru and the rest of Karnataka, which opened on Monday, will be again closed on Tuesday due to Bali Padyam or Bali Pratipada festival.
Cities with no bank holiday after Diwali:
In several big cities banking operations will not be affected due to Diwali --New Delhi, Chennai, Hyderabad, Kolkata, Kochi, Thiruvananthapuram, Patna, Jammu, Srinagar, Bhopal, Bhubaneswar, Chandigarh, Goa, Raipur, Ranchi and others.
Bank holidays in October:
In Maharashtra and Haryana, banks were closed this Monday due to assembly elections. On Tuesday, several banks were again closed all over India due to a day-long bank strike called by unions to protest against bank mergers. As a result, some banks will function only for three days this week.
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