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Banks to remain open in Sept 1st week

banks to remain open

New Delhi: Putting an end to the ongoing rumour message going around on social media that banks will be closed for six days in the first week of September due to holidays and bank strike, the Centre has clarified that the banks will remain closed for three days in the first week of September.

It’s as usual holiday on September 2 (Sunday) and the banks will function on September 3, 4, 5, 6 and 7. However, September 8 is the second Saturday and 9 is Sunday.

An official communique from Press Information Bureau (PIB) read that, “banks will only observe holidays on Sunday, 2nd September and second Saturday, 8th September; Monday, 3rd September is not a pan India holiday and banks only in some States where a holiday is declared under the Negotiable Instruments Act, 1881 will remain closed”.



“ATMs in all States will be fully functional and there will be no impact on online banking transactions. Banks have been advised to ensure that sufficient cash is available for dispensation from ATMs,” the release further read.

The official clarification came in the wake of rumour message circulating in several sections of the social media that banks will be closed for 6 days in the first week of September 2018, causing undue panic among the general public.


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