In July 2024, the banks in hyderabad are scheduled to celebrate seven vacations. The bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW">reserve bank of india (RBI) proclaims one of these holidays in accordance with the Negotiable Instruments Act. The RBI reports that there would be six bank holidays this month, but the Negotiable Instruments Act also requires banks in the city to close one extra day. July 17 is the date of this holiday. But there are still six holidays left.
Banks in hyderabad to observe holiday on July 17
In honour of Muharram, municipal banks will be closed on July 17. In honour of the 10th Muharram, the telangana government has also declared July 17 to be a holiday. Banks will be closed on Sundays and the second and fourth Saturdays in addition to these holidays.
Complete List of bank Holidays in hyderabad for July
The complete list of holidays for banks in the city is as follows:
July 17: Muharram
Sundays
Second and fourth Saturdays
Types of Banks in India
In hyderabad and other cities in india, banks are classified based on ownership, type of customers, etc. The various types of banks in india are:
Public sector banks
Private sector banks
Co-operative banks
Regional rural banks
Payment banks
Small finance banks
Foreign banks
These banks in hyderabad will observe holidays on the seven listed days in July.