The present fiscal yr will be ending quickly, and the following fiscal yr will begin on April 1, 2022. On April 1, because of the annual closing of accounts, all industrial and cooperative banking establishments will be closed on Monday, April 1, in keeping with the Reserve Bank of India web site.

Banks besides in Himachal Pradesh, Meghalaya, Chandigarh, and Mizoram will observe yearly closing of bank accounts, in keeping with the RBI web site.

All company bank authorities transactions for the fiscal yr 2021-22 should be accounted for throughout the similar fiscal yr as per the principles.

Last yr, all company banks stored their designated branches open for over-the-counter transactions associated to authorities transactions as much as the conventional working hours on March 31, 2021. The reporting window for Central and State Government transactions to the RBI, together with the importing of GST / e-receipts baggage information, was prolonged and stored open till 1200 hours on April 1, 2021.

Also, some states might observe the vacation on April 2 additionally on the event of Gudi Padwa, Ugadi Festival, 1st Navratra, Telugu New Year’s Day, Sajibu Nongmapanba.

Banks are closed on April 2 in Karnataka, Maharashtra, Tamil Nadu, Telangana, Manipur, Jammu, Goa, and Jammu and Kashmir.

Bank holidays April 2022



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