Indian public and private banks will be closed on 16 days including the second and fourth Saturdays and Sundays in January 2022, owing to festivals.
According to the Reserve Bank of India (RBI) guidelines, banks remain closed on all public holidays but there are some holidays that are regional, i.e. restricted to certain states only. Regional holidays are decided by respective state governments.
The Reserve Bank of India grants holidays to the bank under three categories that include Banks’ Closing of Accounts, Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act, and Real-Time Gross Settlement Holiday.
Disclaimer: All precautions have been taken to gather the most accurate information about the Bank Holiday dates for the month of January 2022. However, readers are advised to verify with their local branches to corroborate the same.
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