What will be closed on January 1, 2024, from banks to markets for the New Year's Holiday?

 What will be closed on January 1, 2024, from banks to markets for the New Year's Holiday?

What will be closed on January 1, 2024, from banks to markets for the New Year's Holiday?

January 20,24 Bank Holidays: January 1, 2024, the first day of the New Year, is a bank holiday in many states. In addition, a lot of government buildings and commercial businesses will stay closed in a few states.

On January 1, 2024, the first day of the new year, banks will be closed in several of the nation's cities. In several states, this day is a bank holiday. In addition, a lot of government buildings and commercial businesses will stay closed in a few states. Nonetheless, the BSE and NSE will continue to operate normally on New Year's Day, with no stock market holiday.

The Reserve Bank of India's 2024 Holiday Schedule The Reserve Bank of India's Holiday Calendar 2024 indicates that on January 1, 2024, banks in Aizawl, Chennai, and Gangtok would observe holidays and be closed. In a same vein, banks in Shillong, Imphal, Itanagar, and Kohima will stay closed. Public holidays are being observed in the northeastern states of Manipur, Meghalaya, Assam, Nagaland, Sikkim, and others to mark the beginning of 2024. There are ten public holidays in total in January 2024 when counting bank holidays.

Banks are closed for two days on New Year's Day: On January 2, banks in Aizawl are closed in observance of the holiday. Here, banks will be closed for two days in a row. Aside from that, on January 11, in honor of Missionary Day, banks will be closed in this area.

Other bank holidays in January 2024: On January 15, in observance of Makar Sankranti, Pongal, and Bihu, banks in Karnataka, Odisha, Andhra Pradesh, Telangana, and many other northeastern states will be closed. Due to local holidays, banks are closed in Chennai on the 16th and 17th, and on the 17th, on Guru Gobind Singh Ji's birth day, banks will not be open in Punjab.

There are bank holidays on the 22nd and 23rd after this. On January 25, several locations will keep their banks closed in observance of Thai Poosham and Muhammad Hazrat Ali's birthday. Republic Day is observed on January 26. All government offices nationwide, including banks, will be closed on this day.