Posted by AI on 2025-08-16 03:53:04 | Last Updated by AI on 2025-08-16 14:34:30
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Celebrate, but don't withdraw: Bank Holiday Today as Janmashtami closures hit cities like Aizawl, Chennai, and Hyderabad. Online banking at your fingertips remains functional.
Janmashtami, the festival celebrating the birth of Lord Krishna, is celebrated with great grandeur and fervour across the country. But it also leads to a Bank Holiday Today as several cities observe holidays in public banks. This leads to the question: Are banks open on Janmashtami?
This also meant that online banking facilities would be unavailable for a few hours during the holiday. Even though the holiday only applies to a few cities, motorists across India faced troubles as petrol prices hit a new record high on Wednesday. The festive season has kicked in after the monsoon rains concluded in most parts of the country and people are celebrating it with great enthusiasm.
However, the rising prices of petrol and diesel don't seem to be a deterrent for the celebration mood to die down. People are taking time out to plan their travels and celebrate the festival with families and friends despite the rising cost of fuel. Meanwhile, the government is taking steps to ensure the situation doesn't get worse. It will be monitoring the situation and taking steps to stabilise petrol and diesel prices across the country.
As of now, the precise cause of the petrol and diesel price hike is the volatility of global crude oil prices and the depreciation of the Indian Rupee against the US Dollar. These factors make importing oil more expensive for Indian markets. But it's not just motorists who are impacted by the bank holiday. It is essential to check the holiday schedule ahead of time if you have any banking work.
People in the cities where the holiday is being observed must find alternate ways to withdraw money or complete their banking needs. They can also use online banking facilities through net banking, mobile banking apps, or ATMs. This bank holiday is just one of the many holidays observed across India every year, and it's always helpful to check the schedule ahead of time so you can plan your banking needs.