INSUBCONTINENT EXCLUSIVE:
September 8 is, however, the second Saturday and thus a holiday.New Delhi: Banks will largely remain open in the first week of September and
there will be no impact on the functioning of ATMs, contrary to social media buzz that claimed banks across India will be closed for six
"The message going around in the social media that banks will be closed for six days in the first week of September due to holidays and bank
which went viral, claimed that banks would remain closed from September 2 to 5 and then from September 8 to 9 for the weekend, a total of
six days in the first week of September.It said the week was starting with Janmashtami on Monday, September 3, and then the banks would go
September 4-5 (Tuesday and Wednesday) has been misunderstood as a strike by all bank employees."It's only the RBI employees who are going on
mass casual leave on September 4-5 for demands related to to Provident Fund and pension
This will not have much impact on the day-to-day operations of the other public and private sector banks," Mr Rana said.Though the banks in
Delhi and Mumbai will remain open on Monday September 3, the day of Janmashtami, banks in some states would be shut
September 8 is, however, the second Saturday and thus a holiday."Monday, September 3, is not a pan-India holiday for banks
Banks in some states will remain closed as per the Negotiable Instruments Act
This, however, will not impact the online banking transactions nor it will affect the operation of ATMs," said an HDFC Bank official.Of the
31 regional and sub-offices of the RBI across the country, 16 will remain closed on September 3 on the occasion of Janmashtami, as per its
