New Delhi, March 17 -- Banks will be closed in Jammu and Kashmir on Tuesday, 17 March for Shab-I-Qadr, according to the RBI bank holiday calendar.

Here is everything you need to know about the bank holiday today for Shab-I-Qadr.

All public and private banks in Jammu and Kashmir will be closed today, including SBI, PNB, HDFC Bank, ICICI Bank, Kotak Mahindra Bank and more. This is because Shab-I-Qadr is a public holiday in the region.

The RBI categorises all bank holidays into three parts, namely, Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays and banks' closing of accounts.

Bank holidays vary from region to region depending upon the festivals and observances there. However, all banks observe holidays on national...