Ram Navami 2024: Bank closures according to RBI calendar
Explore the significance of Ram Navami, celebrated on April 17th in major Indian cities, and discover which cities’ banks will be closed on the date of the occasion.
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Ram Navami, a significant Hindu festival celebrating the birth of Lord Ram, holds special cultural and religious importance across India, although the specific dates may vary from state to state. Notably, major cities such as Ahmedabad, Mumbai, Hyderabad, and Jaipur observe it on April 17th. With the date approaching, many individuals are curious about whether banks and the stock market will remain closed on Ram Navami.
On Wednesday, April 17, 2024, all public and private sector banks across India will remain closed to commemorate the Hindu festival of Ram Navami. This closure aligns with the official bank holiday schedule issued by the Reserve Bank of India (RBI). The cities where banks will be closed include Ahmedabad, Belapur, Bhopal, Bhubaneswar, Chandigarh, Dehradun, Gangtok, Hyderabad, Jaipur, Kanpur, Lucknow, Patna, Ranchi, Shimla, Mumbai, and Nagpur.
Despite the physical closure of bank branches, customers can still access online banking services, ensuring minimal disruption to their banking needs during the holiday period. However, it's essential for individuals to plan their financial activities accordingly, taking into account the possibility of closures or reduced trading hours on that day. By staying informed and prepared, individuals can ensure smooth financial transactions and avoid any inconvenience arising from holiday closures.
