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    Home » Manmohan Singh Death: Holiday for Banks today? Closed or open on Friday, December 27? – Personal Finance
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    Manmohan Singh Death: Holiday for Banks today? Closed or open on Friday, December 27? – Personal Finance

    userBy userDecember 27, 2024No Comments3 Mins Read
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    Updated Dec 27, 2024 01:47 IST

    manmohan singh 1

    The Central government is expected to announce seven days of national mourning as a mark of respect to former Prime Minister Manmohan Singh. (Image: Twitter/Hardeep Singh Puri/ET NOW News)

    Article Highlights

    • RBI publishes a list of holidays every year considering national events, regional festivals and weekend offs.
    • Bank holidays in India vary from state to state but there are some holidays which are observed pan India.
    • Additionally, on the second and fourth Saturdays, all scheduled and non-scheduled banks will celebrate a public holiday.
    Manmohan Singh Death : The Central government is expected to announce seven days of national mourning as a mark of respect to former Prime Minister Manmohan Singh who died at the age of 92 here on Thursday, according to sources. Sources said that the last rites of the former Prime Minister will be conducted with full state honours.

    It has been learned that all government programmes scheduled for Friday will be cancelled and the Union Cabinet would hold a meeting at 11 a.m., sources said. After this announcement internet is flooded with queries on Bank will be closed or not?

    Are Banks closed on Friday, December 27?

    RBI publishes a list of holidays every year considering national events, regional festivals and weekend offs. Bank holidays in India vary from state to state but there are some holidays which are observed pan India.

    Moreover, all government programs scheduled for the day will be cancelled, according to government sources. As of now there is no clarity on whether Bank will close on Friday, December 27 or not.

    The National Flag will be flown at half-mast on the day of mourning throughout India on all buildings where the National Flag is flown regularly and there will be no official entertainment on the day.

    Digital banking to continue even on holidays

    In addition to national holidays, bank holidays vary from state to state in India. Additionally, on the second and fourth Saturdays, all scheduled and non-scheduled banks will celebrate a public holiday.

    Even as the banks will remain closed of these days in December 2024, digital payment methods like UPI, IMPS and net banking, as well as online banking platforms and mobile apps will be available for the customers. Other financial transactions like ordering cheque books, paying bills, recharging prepaid phones, transferring money, booking hotels and tickets for travel, etc can be done easily online.

    Former Prime Minister Manmohan Singh died on Thursday night, aged 92, of age-related medical issues, according to AIIMS. Manmohan Singh had an abrupt loss of consciousness at home today and was transported to AIIMS Delhi. Singh departed from the Rajya Sabha earlier this year, having served for 33 years.

    Manomohan Singh was born in Punjab in 1932 and served as Prime Minister of India for two terms, from 2004 to 2014. He took the oath of office for the first time in 2004, following Congress’ victory in the 2004 Lok Sabha election over the Atal Bihari Vajpayee-led NDA. He served a second term from 2009 until 2014. He was succeeded by Prime Minister Narendra Modi in 2014.

    End of article





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