Banks to be closed in some cities starting today

Banks will be closed for six days starting today in some cities due to various festivals, according to the Reserve Bank of India's holiday calendar. All these holidays are covered by the Negotiable Instruments Act. Banks, cooperative banks, and regional banks are shut down on the bank holidays notified by the RBI.

August 11 : Raksha Bandhan

Banks in Ahmedadabad, Bhopal, Dehradun, Jaipur and Shimla will be shut down on account of Raksha Bandhan.

August 12 : Raksha Bandhan

Banks in Lucknow, Kanpur and Kanpur will be shut on August 12 for Rakhi festival.

August 13 : Patriot's Day

August 14: Sunday

All banks are closed on Sundays and the second and last Saturdays.

August 15 : Independence Day - All over India

Banks across the country will be closed on Independence Day on August 15.

August 16: Parsi New Year, Shahenshahi Banks will be closed in Nagpur, Mumbai and Belapur for the Parsi New Year.

Holidays under Negotiable Instruments Act and the Real Time Gross Settlement Holiday and Banks Closing of Accounts are some of the categories that come into effect under the holidays, including Holiday under Negotiable Instruments Act and the Real Time Gross Settlement Holiday and Banks Closing of Accounts.