Notably, banks across India, including the State Bank of India (SBI), remain closed during holidays mandated by the Reserve Bank of India (RBI). These holidays also comprise the second and fourth Saturdays of each month, and all Sundays in the month.
Thus, in this week, banks will next be closed during the weekend on September 27 and 28 (fourth Saturday and Sunday), according to the RBI rules.
What to do in emergencies when banks are closed?
You can continue to use online or mobile banking services even on national holidays — unless notified to users for technical or other reasons.
For cash emergencies, ATMs are open for withdrawals, app and UPI function as usual.
The RBI and state governments create a list of holidays for banks, taking into account national and local occasions, operational requirements, religious celebrations and other cultural observances. The central bank makes the announcement through its official website and notifications to banks and other financial institutions.
