Overview
- The Reserve Bank of India has designated 15 non-working days for August, incorporating mandatory second and fourth Saturdays alongside all Sundays
- National holidays on the schedule include Independence Day and the Parsi New Year on August 15
- Regional observances extend from Raksha Bandhan in northern states to Tendong Lho Rum Faat in Sikkim and Patriots’ Day in Manipur
- Holidays are classified under three categories: RTGS closures, Banks’ Closing of Accounts days and Negotiable Instruments Act observances
- Customers are advised to complete in-branch transactions before closure dates and to use UPI, NEFT, RTGS, mobile banking and ATMs for uninterrupted service