Banks will remain open in the first week of September 

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New Delhi:  Refuting rumours that the banks will remain closed for 6 days in the first week of September, the finance ministry has clarified that banks will remain open and normal banking operations will continue during this period.

“It is hereby clarified that banks will remain open and banking activity will continue unimpeded in the first week of September. Banks will only observe holidays on Sunday, 2nd September and second Saturday, 8th September. Monday, 3rd September is not a pan India holiday and banks only in some States where a holiday is declared under the Negotiable Instruments Act, 1881 will remain closed” the ministry said in a statement.

Banks will only observe holidays on Sunday, 2nd September and second Saturday, 8th September; Monday, 3rd September is not a pan India holiday. ATMs in all States will be fully functional; Banks advised to ensure availability of sufficient cash for dispensation from ATMs

 

“Even on those days, ATMs in all States will be fully functional and there will be no impact on online banking transactions. Banks have been advised to ensure that sufficient cash is available for dispensation from ATMs. Banks will remain open on all other days” it said.

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