According to the Reserve Bank of India (RBI), banks will be closed for a total of 15 days in October 2024. This includes 11 official holidays under the Negotiable Instruments Act, as well as the usual closures on the second and fourth Saturdays and Sundays of the month.

As the nation commemorates Mahatma Gandhi’s birth anniversary today, October 2, all private and public sector banks across India will remain closed, marking Gandhi Jayanti as a national holiday.

As far as bank holidays are concerned, October 2, 2024 is a national holiday and banks across the country will remain close to mark the occasion of Mahatma Gandhi Jayanti

The Reserve Bank of India (RBI) has announced bank holidays for October with a list of 15 off days across the country.

The first major bank holiday falls on Wednesday, October 2, when banks in most territories in the country will remain closed on account of Gandhi Jayanti. Thereafter, the next bank holiday arrives on October 3, where banks in Jaipur will remain closed on account of Navratri. Then the bank will remain shut on Sunday, October 6.

In October 2024, banks across several Indian states will observe closures for a total of 15 days due to various state-specific festivals and national

As there is a bank holiday in most states on 2nd October over Gandhi Jayanti, investors are also checking whether the stock market will observe the holiday on the same date or not.

Essential financial services will be available through ATMs, mobile banking apps, bank websites: Holidays in October 2024

Teachers and students in Rajasthan are in an uproar over the state's decision to keep schools open on Gandhi Jayanti for a cultural event. Both the Rajasthan Primary and Secondary Teachers Association and NSUI are voicing strong opposition to the cancellation of this national holiday,

Schools and educational institutions will have at least seven holidays this month. Here is the complete calendar of school holidays in October 2024.