Bank Holidays Information:
The Indian banking sector is one of the most well regulated and sufficiently capitalized globally. In recent years, the industry has rolled out innovative banking models like small finance banks and different modes of payments. Studies have shown that the banking sector has withstood the global downturn in terms of credit, market, and liquidity risk.
In 2015, the Reserve Bank of India(RBI) declared that all the public and private sector banks will always remain closed on the second and fourth Saturday of the month. All the other Saturdays, the banks operate for full hours. The banks are also closed on Sundays and all public holidays. Each year the RBI releases a list of all the holidays that the banks would remain open and closed every year.
For the days that the banks are physically closed, customers can still access most services through mobile and internet banking.