Bank Closures and Bharat Bandh: What to Expect on August 21, 2024
On August 21, 2024, a Bharat Bandh has been called for by the Reservation Bachao Sangharsh Samiti in response to recent verdict on SC/ST reservations. This protest is likely to have a significant impact, with support from Rajasthan’s SC/ST groups. As a crypto enthusiast, here is what you can expect on this day:
Banking Sector during Bharat Bandh
- Bank branches will remain open across the country on August 21, 2024, despite the Bharat Bandh.
Business Closures and Essential Services
- The organizers of the Bharat Bandh have called for the closure of all business establishments.
- There is uncertainty surrounding the closure of markets and the potential nationwide impact.
- Reportedly, government buildings, post offices, banks, schools, colleges, and gas stations will continue to operate on this day.
- Essential services such as medical facilities, water supply, train services, public transportation, and power supply will function as usual.
Bank Holidays in August
During the month of August, banks observe holidays for various occasions:
- Ker Puja
- Tendong Lho Rum Faat
- Patriot’s Day
- Independence Day/Parsi New Year (Shahenshahi)
- Raksha Bandhan/Jhulana Purnima/Birthday of Bir Bikram Kishore Manikya Bahadur
- Sree Narayana Guru Jayanthi
- Janmashtami (Shravan Vad-8)/Krishna Jayanthi
Upcoming Bank Closures
Here are the next bank closure dates after August 21:
- Banks will be closed on Monday, August 26, in select states for Janmashtami (Shravan Vad-8)/Krishna Jayanthi.
- States observing the holiday include Gujarat, Orissa, Chandigarh, Tamil Nadu, Uttarakhand, Sikkim, Andhra Pradesh, Telangana, Rajasthan, Jammu, Uttar Pradesh, Bengal, Bihar, Chhattisgarh, Jharkhand, Meghalaya, Himachal Pradesh, and Srinagar.
Extended Weekend in Specific States
For a long weekend ahead, anticipate bank closures on Monday, August 26, in the following states:
- Gujarat
- Orissa
- Chandigarh
- Tamil Nadu
- Uttarakhand
- Sikkim
- Andhra Pradesh
- Telangana
- Rajasthan
- Jammu
- Uttar Pradesh
- Bengal, Bihar, Chhattisgarh
- Jharkhand
- Meghalaya
- Himachal Pradesh
- Srinagar
Hot Take: Plan Your Financial Transactions Wisely
Stay informed about bank closures and relevant holidays to manage your financial transactions effectively. Be prepared for any disruptions due to Bharat Bandh or upcoming holidays in your region. Keep a close watch on the banking sector updates to navigate any potential challenges seamlessly.