New Delhi, Aug. 28 -- Banks across several states will remain closed on Friday (28 August) as some parts of the country will celebrate Raksha Bandhan.

Raksha Bandhan is a Hindu festival that celebrates the bond of love between brothers and sisters. On this joyous occasion, sisters visit their brothers and tie rakhis around their wrists. The sacred thread symbolises love, protection, and affection between siblings. In return, brothers express their love and affection by giving meaningful gifts to their sisters.

The festival holds deep significance, as brothers promise to protect their sisters from all hardships.

Since Raksha Bandhan is listed as a regional holiday under the Reserve Bank of India's (RBI) holiday calendar, one can check t...