The Reserve Bank of India (RBI) designates certain holidays under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks' Closing of Accounts. As October, the festive season has approached,

Schools and colleges will remain closed on various occasions such as Gandhi Jayanti, Maha Navami, Dussehra, and Diwali. Get latest updates on school closures here.

According to the Reserve Bank of India (RBI), banks will be closed for a total of 15 days in October 2024. This includes 11 official holidays under the Negotiable Instruments Act, as well as the usual closures on the second and fourth Saturdays and Sundays of the month.

As the nation commemorates Mahatma Gandhi’s birth anniversary today, October 2, all private and public sector banks across India will remain closed, marking Gandhi Jayanti as a national holiday.

Gandhi Jayanti celebrated on October 2nd, marks the birth anniversary of Mahatma Gandhi. He is also known as the father of the nation. His message of non-violence and maintaining peace still inspires the people around the globe.

In West Bengal, many schools remain closed for a full 10 days on the special occasion of Durga Puja. There will also be some state-specific holidays in October.

In October 2024, bank branches in several Indian cities will observe 11 holidays, in addition to their regular weekly offs. These holidays are categorised under the Negotiable Instruments Act by the RBI.