Spate of Bank holidays in June 2022

Mumbai, May 30 (KNN) As per the Reserve Bank of India (RBI) holiday calendar banks will remain closed for about eight days depending on the location of the bank and the holidays observed in that particular state. 

Apart from June 2 and 15, banks will remain shut on June 5, 11, 12, 19, 25 and 26 on account of second and fourth Saturdays, and Sundays.

On June 2, branches of all public sector, private sector, foreign banks, cooperative banks and regional banks will remain shut in Shillong on the occasion of Maharana Pratap Jayanti.

Marking the YMA Day/Guru Hargobind Ji's Birthday/Raja Sankranti on June 15,  the banks in Aizawl, Bhubaneshwar, Jammu and Srinagar will be closed.

The central bank has placed the holidays under three brackets- Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts.  (KNN Bureau)