ENA Economy 2018-08-31 07:13:08 <p><strong>New Delhi, Aug 31 (KNN)</strong> The Ministry of Finance today clarified that banks will remain open and banking activity will continue unimpeded in the first week of September.</p> <p>It has come to notice that a rumour is 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, the Ministry said in a release.</p> <p>It clarified that the banks will only observe holidays on Sunday, 2nd September and second Saturday, 8th September.</p> <p>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.</p> <p>Even on those days, ATMs in all States will be fully functional and there will be no impact on online banking transactions.</p> <p>Banks have been advised to ensure that sufficient cash is available for dispensation from ATMs. Banks will remain open on all other days, the Finance Ministry said.</p> 20735 https://knnindia.co.in/news/newsdetails/economy/banks-will-only-observe-holidays-on-2nd-3rd-sept-is-not-a-pan-india-holiday-finance-ministry 2018-08-31 07:13:08 knnindia.co.in