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Monday, March 14, 2016

Banks to remain closed for 4 straight days in India; ATMs likely to run out of cash March 24 - 27,2016

The banking sector will have a long vacation, thanks to the co-inciding dates of the list of holidays. Starting March 24 banks will be closed for business for four days in a row in many parts of the country.
The dates being –March 24 for Holi, March 25 for Good Friday, March 26 for  fourth Saturday (second and fourth Saturdays of a month are holidays for government-owned banks) and March 27 being Sunday.
-March 24 (Thursday) - Holi
-March 25 (Friday) - Good Friday
-March 26 ( Saturday) - (Second and fourth Saturdays of a month are holidays)
-March 27 (Sunday)

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