Abhishek of Ayodhya Ram Temple: Will banks be closed tomorrow?

Abhishek of Ayodhya Ram Temple: Will banks be closed tomorrow?

Abhishek of Ayodhya Ram Temple: Will banks be closed tomorrow?

Due to a government directive to observe the holiday until 2:30 pm, public sector banks will be closed for half of the day so that staff members may attend the event.

In Uttarakhand and Uttar Pradesh, HDFC Bank will be closed all day, while Axis Bank offices in Uttar Pradesh will also be closed.

Several public and commercial enterprises in Ayodhya will either shut on January 22 or operate with shortened hours in anticipation of the consecration ceremony of the Ram Mandir. Will banks shut or stay open? Take a peek at this.

Due to a government directive to observe the holiday until 2:30 pm, public sector banks will be closed for half of the day so that staff members may attend the event.

While private sector banks have not made a comparable declaration, Moneycontrol.com reported on January 19 that two significant lenders, HDFC Bank and Axis Bank, have chosen to observe a full-day vacation in Uttar Pradesh on January 22. was cited in a report.

On January 22, 2024, "the bank will remain closed for throughout the day in Uttar Pradesh and Uttarakhand," top HDFC Bank executives privately informed this magazine.

"Axis Bank will remain operational for the whole of the day in Uttar Pradesh on January 22."

PSU banks had a half-day closure.

In an order released on January 18, the Finance Ministry said that public sector banks, insurance providers, financial institutions, and Regional Rural Banks (RRBs) nationwide would be closed for a half-day on January 22 in honor of the consecration ceremony of the Ram Temple in Ayodhya.

"On January 22, 2024, people all throughout India will celebrate Ram Lalla Pran Pratishtha at Ayodhya. It has been agreed that all Central Government offices, Central Institutions, as well as Central Industrial Establishments across India would stay closed so that staff members may take part in the festivities. will stay until 1430 hours on January 22, 2024, for a half-day, according to the DoPT directive.

On January 22, the ability to exchange Rs 2,000 notes was discontinued.

The Reserve Bank of India (RBI) said on January 19 that since government offices are closed for half of the day, the facility for exchanging and depositing Rs. 2000 notes would not be accessible on January 22.

On January 23, however, the facility will reopen, according to a statement from the RBI. "In any of the respect, 19 issue offices of the Reserve Bank of India as a result of the half-day closure proclaimed by the Government of India," said the announcement.