December has begun and most of the festivals are over. In November, major festivals such as Diwali, Bhai Dooj, Guru Nanak Jayanti and other regional festivals such as Chhath Puja are celebrated and due to these times, banks remain closed on various days last month. Compared to November, December has one big holiday which is Christmas. The Reserve Bank of India also known as RBI has specified some days and in these days all the banking operations will remain closed in the month of December.
According to the guidelines stated by Reserve Bank of India, banks will remain closed during the public holidays while other certain holidays may vary from one province to another province.
Public holidays in India also do apply to the country’s banks. This includes bank holidays across the country and other state-owned enterprises.
Apart from this, the second and fourth Saturdays every month are bank holidays. Besides, Sunday is a normal day closed on all banks in the country.
In December 2020, the 12th will be the second Saturday and the 26th will be the fourth. Christmas is December 25th.
Therefore, the national bank holidays this month will fall on December 12, December 25 and December 26. Here is a list of other state-of-the-art bank holidays to help you plan for the month.
Meghalaya
December 12 (Saturday): T-Togan Nengminza Sangma
December 18 (Friday): U SoSo Tham / Losoong / Namsoong Death Memorial
December 24 (Thursday): Christmas celebration
December 30 (Wednesday): Kiang Nangbah
Ladakh
December 5 (Saturday): Sheikh Muhammad Abdullah Jayanti
Karnataka
December 3 (Thursday): Kanakadasa Jayanthi / Feast of St. Francis Xavier
Sikkim
December 17 (Thursday): Losoong / Namsoong
December 18 (Friday): U Soso Tham / Losoong / Namsoong Death Memorial
Mizoram
December 24 (Thursday): Christmas celebration
December 31 (Thursday): Year of the Year
Goa
December 3 (Thursday): St Francis Xavier’s feast
December 19 (Saturday): Goa Release Day
