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BANK HOLIDAYS AS NOTIFIED BY IBA under Negotiable Instruments Act for THE YEAR 2013 FOR DIFFERENT STATES IN INDIA - State Wise Links Are Given Below. These are also called 'Gazetted Holidays under NI Act'
(Links have been received for most of the States, except for Islands and North East States. For these remaining States, final updated links will be provided as and when Details are Available from IBA)
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Click Here For Holidays for Central Government Employees in India : Gazetted Central Govt Holidays 2013
Click Below on the Name of the State for Which You Wish to View Holidays As Declared by Respective States and Notified by IBA to Banks (These are also called Public Holidays by most of the states)
Disclaimer : We have compiled the list of holidays based on the circulars issued by different state governments, IBA and Bank websites. However, we have noticed some of the discrepancies between them and have tried to reconcile these as far as possible. As a matter of caution, it is advised that readers should check the final list from the Bank itself.
Most of the State governments consider the holidays declared for Banks under N I Act to be"Public Holidays".
IBA has notified that ‘Public Holiday’ declared by Central/State Governments/ Union Territory, includes ‘Sundays’ as indicated under the explanation to Section 25 of the Negotiable Instruments Act. Branches of banks working on Sundays observe their weekly-off on any other day of the week as decided by the Bank and notified to members of staff and public. Therefore, all Sundays will be working days for Sunday working branches, except those Sundays declared as holidays by the Central/ State Government/ Union Territory for a specified festival/occasion in a particular year, under the Negotiable Instruments Act.
RBI Holidays for RTGS Transactions – 2013
Who is Supposed to Declare A Holiday under the Negotiable Instruments Act, 1881?
In terms of Section 25 of the Negotiable Instruments Act, 1881, the expression "public holiday" includes Sunday and any other day declared by the Central Government by notification in the Official Gazette to be a public holiday. However, this power has been delegated by the Central Government to State Governments vide the Government of India, Ministry of Home Affairs' Notification No. 20-25-56-Pub-I dated 8 June, 1957. While delegating the power to declare public holidays within concerned States under Section 25 of the Negotiable Instruments Act, 1881, the Central Government has stipulated that the delegation is subject to the condition that the Central Government may itself exercise the said function, should it deem fit to do so. This implies that when Central Government itself has notified a day as "public holiday" under Section 25 of the Negotiable Instruments Act, 1881, there is no need for banks to wait for the State Government notification.