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Banks Holiday: Banks will remain closed on February 18, know why RBI has declared a holiday for banks.

Banks Holiday: The RBI already releases a list of bank holidays, which details which banks will be closed on which days and for which reasons in which cities. Therefore, before visiting the bank on any given day, be sure to check the RBI’s bank holiday list.

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Banks Holiday: If you’re planning to visit the bank on February 18th, you should first learn about the bank holidays in your city and only then plan your visit. Banks in different cities are closed on different days for different reasons. Therefore, it’s important to check your city’s bank holidays before visiting the bank.

The Reserve Bank of India (RBI) releases a list of bank holidays in advance, detailing which cities will be closed on which days and for which reasons. Therefore, it’s important to check the RBI’s bank holiday list before heading to the bank. Now, let’s talk about today’s bank holiday, February 18th. Banks will be closed today. Let’s find out why.

February 18th Bank Holiday

Banks will be closed today, February 18th, in only one state. Banks will remain open throughout the country. Banks will be closed in Sikkim tomorrow, February 18th. Therefore, if you live in Sikkim, don’t plan to visit the bank tomorrow.

Why are banks closed tomorrow?

The RBI has declared a bank holiday today, February 18th, in the state of Sikkim due to the Losar festival. Losar is also known as the Tibetan New Year. This festival is primarily celebrated in Ladakh, Sikkim, and Arunachal Pradesh. It is a major 15-day Buddhist festival. Usually celebrated in February or March, it is celebrated to welcome the New Year, ward off evil spirits, and pray for prosperity with traditional dance, music, and community feasts.

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Shyamu Maurya
Shyamu Maurya
Shyamu has done Degree in Fine Arts and has knowledge about bollywood industry. He started writing in 2018. Since then he has been associated with Informalnewz. In case of any complain or feedback, please contact me @informalnewz@gmail.com
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