Monday Bank Holiday Today: Today is Monday (18 November 2024). Usually, banks are open on Monday. But on festivals and special occasions, this day is also a holiday. The Reserve Bank of India (RBI) decides when the banks will be closed. On some occasions, banks are closed across the country. Sometimes holidays are decided according to the state. Kanakadas Jayanti is celebrated in Karnataka on 18 November 2024. There is a holiday in Karnataka on this occasion. Due to this, banks will be closed in Karnataka but banks will remain open in other states. In such a situation, customers will have to settle their work keeping in mind the bank holiday. The Reserve Bank of India (RBI) classifies bank holidays into three categories: Negotiable Instruments Act holidays, Real-Time Gross Settlement holidays, and Bank Account Closing holidays.

Monday Bank Holiday: Banks will remain closed in this state on Monday 18 November

Banks will remain closed in Karnataka on Monday 18 November 2024 due to Kanakadasa Jayanti. There will be a holiday in Karnataka on this occasion. All banks, schools, and government offices will remain closed in Karnataka on Monday. Kanakadasa Jayanti is one of the major festivals of Karnataka, which is celebrated every year to mark the birth anniversary of the great saint and poet Kanakadasa. This day is especially celebrated to honor the thoughts, devotion, and contribution of Kanakadasa to Kannada literature. Saint Kanakadasa was famous for his compositions based on the message of Sri Hari Bhakti and social equality. His poems and kirtans still leave a deep mark on the cultural and spiritual heritage of Karnataka.

Bank Holiday: Bank Holiday in November 2024

November 18 (Monday): Banks closed in Karnataka for Kanakadasa Jayanti.

November 23 (Saturday): Fourth Saturday and Senkut Snei Festival in Meghalaya.

November 24 (Sunday): Banks closed across the country due to the weekend.

Monday Bank Holiday: Reason for holidays in banks

Kanakadas Jayanti is observed as a public holiday in Karnataka. Government offices, banks, and educational institutions remain closed across the state on this occasion. The holiday is observed to honor the rich cultural traditions of the state and the teachings of Saint Kanakadas. On this day, people participate in community prayers, devotional songs, and cultural programs and remember his thoughts.

Monday Bank Holiday: You can do digital banking on holidays

All banks keep their online websites and mobile banking service apps operational to deal with the cash crunch during weekly holidays and other holidays. The mobile app allows customers to access their bank accounts, view account balances, transfer money, pay bills, and perform other transactions on their mobile phones.