Bank holiday today, 16 January: The ongoing week has been seeing multiple bank holidays across several states in India on the occasion of various harvest festivals and other observations. Since there are so many bank holidays this week, it has led to the question whether banks are open or closed today, 16 January.
There is a bank holiday on 16 January, Friday, in Tamil Nadu and Andhra Pradesh on the occasion of Thiruvalluvar Day and Kanuma. This means that all public and private sector banks, including SBI, HDFC Bank, ICICI Bank and PNB will be closed in these two states.
Bank holidays may differ from region to region depending on the festival or other important events. They are determined by the Reserve Bank of India, which shares the dates in the RBI bank holiday calendar.
On national holidays like Independence Day and Republic day, a bank holiday is observed across the nation.
Remaining bank holidays in January
17 January – Banks in Tamil Nadu will be closed due to Uzhavar Thirunal.
23 January – Banks will be closed in West Bengal, Odisha and Tripura due to the birthday of Netaji Subhas Chandra Bose / Saraswati Puja (Shree Panchami) / Vir Surendrasai Jayanti / Basanta Panchami.
26 January – Banks will be closed across all states and Union Territories of India due to Republic Day.
The remaining six bank holidays fall on weekends — specifically, the second and fourth Saturdays and all four Sundays.
(This is a developing story. Check back for updates)