Bhubaneswar: Banks in multiple cities, including Odisha capital Bhubaneswar, will remain closed on Monday on account of Raksha Bandhan, an auspicious Hindu festival that cherishes the bond between brothers and sisters.
The Reserve Bank of India (RBI) in its official list of holidays has designated August 19 as a holiday for banks in various cities for Raksha Bandhan, Jhulana Purnima and birth anniversary of Bir Bikram Kishore Manikya Bahadur.
Banks will be closed in cities such as Agartala, Ahmedabad, Bhopal, Bhubaneswar, Dehradun, Jaipur, Kanpur, Lucknow and Shimla.
Raksha Bandhan is a holiday under Negotiable Instruments Act in these states.
Banks will again remain closed next Monday (August 26) for Janmashtami in Bhubaneswar and numerous other cities, including Ahmedabad, Bhopal, Chandigarh, Chennai, Dehradun, Gangtok, Hyderabad, Jaipur, Jammu, Kanpur, Lucknow, Kolkata, Patna and Raipur.
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