Bank holiday today, Aug. 28 -- Banks will be closed in some cities of India on Thursday, August 28 in observance of Nuakhai and the second day Ganesh Chaturthi, according to the region-wise holiday calendar of the Reserve Bank of India (RBI).
Banks are typically closed across various regions to observe national, religious, and regional holidays. Additionally, they are closed on weekends, except on the first, third, and fifth Saturdays of each month.
Bank holidays are mentioned in the annual holiday calendar published by the Reserve Bank of India (RBI), in accordance with the Negotiable Instruments Act, which regulates the issuance of cheques and promissory notes. Hence, transactions involving these instruments are not allowed on these d...
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