Banks will remain open in the first week of September
New Delhi, Aug 31 (IBNS) :Discounting messages being circulated on the social media, the Government on Friday, said banks across the country will remain open in the first week of September.
"It has come to notice that a rumour is circulating in several sections of the social media that banks will be closed for 6 days in the first week of September 2018, causing undue panic among the general public," it said.
"It is hereby clarified that banks will remain open and banking activity will continue unimpeded in the first week of September."
The Government said that banks will only observe holidays on Sunday, September 2 and second Saturday, September 8. "Monday, September 3 is not a pan India holiday and banks only in some States where a holiday is declared under the Negotiable Instruments Act, 1881 will remain closed," it clarified.
"Even on those days, ATMs in all States will be fully functional and there will be no impact on online banking transactions. Banks have been advised to ensure that sufficient cash is available for dispensation from ATMs. Banks will remain open on all other days," it said.
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