📷 Image: Wikimedia Commons / Soham Banerjee
Business
RBI Declares 28 Aug Bank Holiday for Raksha Bandhan: All Branches Closed
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🗓 28 Aug 2026, 11:36 AM
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The Reserve Bank of India has announced that all banks will be closed on 28 August in observance of Raksha Bandhan, following a city‑wise list.
The Reserve Bank of India (RBI) has issued a notice that all banking institutions across the country will remain closed on 28 August in observance of Raksha Bandhan.
The holiday is part of a tradition that allows bank staff to celebrate the festival with their families, and it is also a nod to the cultural significance of the day.
RBI’s city‑wise list, released on its official website, details the specific dates for each major city, ensuring that customers are aware of the closure schedule.
Customers are advised to plan their transactions in advance and use online banking services where possible, as all physical branches will be inaccessible on the holiday.
The holiday is part of a tradition that allows bank staff to celebrate the festival with their families, and it is also a nod to the cultural significance of the day.
RBI’s city‑wise list, released on its official website, details the specific dates for each major city, ensuring that customers are aware of the closure schedule.
Customers are advised to plan their transactions in advance and use online banking services where possible, as all physical branches will be inaccessible on the holiday.