Bank Holiday November 2022: When is the next bank holiday?

Next Bank Holiday 2022: The Reserve Bank of India (RBI) divides holidays into three categories - Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday and Banks’ Closing of Accounts.

Next Bank Holiday 2022. Pic: Reuters

Next Bank Holiday 2022: Banks remain closed on Tuesday on the occasion of Guru Nanak Jayanti and Kartik Purnima. Private and government banks will remain closed in several states since the bank holiday is state-specific.

Banks remain closed on November 8 in these cities-- Aizawl, Belapur, Bhopal, Bhubaneswar, Chandigarh, Dehradun, Hyderabad, Jaipur, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar.

Next bank holiday 2022

The next bank holiday will fall on November 11, on the occasion of Kanakadasa Jayanthi and Wangala Festival.

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According to the Reserve Bank of India (RBI)'s holiday calendar website, banks will remain closed on November 11 in two cities--Bengaluru and Shillong.

On this occasion, several institutions including government and private offices will also observe holidays.

According to the Reserve Bank of India, all these holidays will be 'under Negotiable Instruments Act'. For the uninitiated, the Reserve Bank of India (RBI) divides holidays into three categories - Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday and Banks’ Closing of Accounts.

Bank Holidays in November 2022: Banks to remain closed for 10 days this month

More upcoming bank holiday in November 2022

November 23: Banks in Shillong will remain closed on the occasion of "Seng Kutsnem" on November 23 as per the RBI Bank Holiday list.

Apart from these bank holidays, banks will also remain closed on Sundays, second and fourth Saturdays - November 12, November 13, November 20, November 26 and November 27.

Overall, banks will remain closed for 10 days this month. Out of these, four are holidays while others are Saturdays and Sundays. Earlier in October, banks were closed for 21 days.

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