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Banks will remain closed in many cities of the country on January 1, the first day of New Year 2024. This day is a bank holiday in some states. Apart from this, many private companies and government offices will also remain closed in some states. However, there is no New Year holiday in the stock market and BSE and NSE will operate as usual.
Reserve Bank of India Holiday Calendar 2024′ According to Reserve Bank of India Holiday Calendar 2024, January 1, 2024 will be a bank holiday in Aizawl, Chennai and Gangtok, meaning banks will be closed on this day. Similarly, banks will remain closed in Imphal, Itanagar, Kohima and Shillong. The year 2024 is starting with public holidays in the northeastern states of Manipur, Meghalaya, Assam, Nagaland, Sikkim etc. If we talk about the bank holidays of January 2024 as a whole then there are total 10 public holidays.
Banks here are closed for two days on New Year January 2 is a bank holiday in Aizawl to celebrate New Year. Banks will be closed here for two consecutive days. Apart from this, banks will be closed here on January 11 on the occasion of Missionary Day.
Other Bank Holidays in January 2024: After this, banks in Karnataka, Odisha, Andhra Pradesh, Telangana and many northeastern states will remain closed on January 15 on the occasion of Makar Sankranti, Pongal, Bihu. Banks in Chennai are closed on the 16th and 17th due to local holidays, while banks will not function on the 17th in Punjab on the occasion of Guru Gobind Singh Ji’s birth anniversary.
After this there are also bank holidays on 22nd and 23rd. Banks will remain closed in some places on January 25 due to the birthday of Thai Pusham and Muhammad Hazrat Ali. On the occasion of Republic Day on January 26, there will be a holiday in all government institutions including banks across the country.