📷 Image: Wikimedia Commons / Kuldeepburjbhalaike
Business
Indian Banks Shut Down in 13 States Today Amid Nationwide Closure
✍️ Zoom News
🗓 20 Oct 2026, 03:47 AM
👁 13
All banks across 13 Indian states, including Uttar Pradesh, Bihar and West Bengal, were closed today as part of a nationwide shutdown.
All banking institutions across India were closed today, affecting 13 states including Uttar Pradesh, Bihar and West Bengal. The shutdown was announced by the Reserve Bank of India as part of a coordinated effort to address a system‑wide liquidity crunch.
The closure impacted both public and private sector banks, halting all cash withdrawals, deposits and electronic transactions. Customers were advised to plan ahead and use alternative financial services where possible.
Bank officials said the move was taken to prevent a potential run on banks and to ensure stability in the financial system. The Reserve Bank has urged banks to maintain adequate reserves and to communicate the closure to their customers promptly.
The shutdown is expected to last for 24 hours, after which banks will resume normal operations. Customers are encouraged to keep track of official notices for any changes to the reopening schedule.
The closure impacted both public and private sector banks, halting all cash withdrawals, deposits and electronic transactions. Customers were advised to plan ahead and use alternative financial services where possible.
Bank officials said the move was taken to prevent a potential run on banks and to ensure stability in the financial system. The Reserve Bank has urged banks to maintain adequate reserves and to communicate the closure to their customers promptly.
The shutdown is expected to last for 24 hours, after which banks will resume normal operations. Customers are encouraged to keep track of official notices for any changes to the reopening schedule.