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Raksha Bandhan 2024: Banks To Remain Closed On August 19 In These States

Raksha Bandhan 2024: Banks To Remain Closed On August 19 In These States

NDTV
Friday, August 16, 2024 04:15:20 PM UTC

Raksha Bandhan, which means "safety" and "bond" in literal translation, honours the special relationship between siblings.

Raksha Bandhan, also referred to as Rakhi, will be celebrated across the country on Monday, August 19. The festival is celebrated in the month of Shravan - generally in August. On this occasion, sisters tie a thread, known as rakhi, on the wrists of their brothers and pray for their good health and prosperity. Now, as Rakhi is just a few days away, a lot of people must be wondering whether banks will be closed in all states on the day of the festival. The answer for the same is banks will not be closed everywhere. Both public and private sector banks will remain shut in cities that will observe the holiday on Monday, as per the bank holiday calendar published by the Reserve Bank of India (RBI). 

Raksha Bandhan, which means "safety" and "bond" in literal translation, honours the special relationship between siblings. The festival is celebrated on the day of the full moon, or Purnima, in the Hindu month of Shravan. 

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