Bank Holiday Announced for Friday: RBI Explains the Reason Behind the Closure

Banks across several regions have been declared closed on Friday following an official notification, with the Reserve Bank of India (RBI) clarifying the reason for the holiday. Customers are advised to plan branch visits accordingly, as in-branch services will remain unavailable on the notified day while digital banking continues uninterrupted.

Why RBI Declared a Bank Holiday

According to RBI guidelines, bank holidays are observed due to state-specific festivals, regional observances, or statutory requirements under the Negotiable Instruments Act. The Friday holiday falls under this framework, ensuring uniform compliance by banks in the affected states.

Friday Bank Holiday – Key Details

CategoryDetails
AuthorityReserve Bank of India (RBI)
Holiday TypeRegional / statutory
DayFriday
Branches AffectedAs per state notification
Digital BankingAvailable 24×7

Which Banking Services Will Be Affected

While branches remain closed, essential banking access continues through electronic channels.

  • Branch counters closed for the day
  • Cash deposits/withdrawals at branches unavailable
  • Cheque clearing may shift to next working day
  • ATMs, UPI, internet & mobile banking operational
  • Customer care and apps remain accessible

How Customers Should Plan

Customers should complete cash-related or document-based work before the holiday and rely on ATMs and digital platforms for routine transactions. Businesses should also note potential cut-off timing changes for cheques and bulk submissions.

Will All States Observe the Holiday

No. Bank holidays vary by state. Customers should check the RBI holiday calendar, bank notices, or branch alerts to confirm whether the Friday holiday applies in their location.

Conclusion

The Friday bank holiday announced under RBI rules is part of the standard holiday framework tied to regional or statutory observances. While branch services pause for the day, digital banking ensures uninterrupted access, helping customers manage transactions smoothly.

Disclaimer

This article is for informational purposes only. Bank holidays and service availability may vary by state and bank policy. Customers should verify the exact applicability with their bank or the official RBI holiday calendar.

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