Noida, Sep 14 (APAC Media): Bank branches in several parts of the country remained closed on Monday on account of Ganesh Chaturthi, according to the holiday calendar followed by banks.
Branches of major lenders, including State Bank of India, HDFC Bank and ICICI Bank, are shut in cities where the festival is being observed as a bank holiday. The closures include banking centres in Mumbai, Bengaluru, Chennai, Hyderabad, Nagpur, Belapur, Panaji, Bhubaneswar and Vijayawada.
Ganesh Chaturthi, also known as Ganesh Puja or Vinayaka Chaturthi in different parts of the country, marks the birth of Lord Ganesha. The festival is celebrated with prayers, idol installations and public events across several states.
The bank holiday is applicable only to specified locations and does not mean that all bank branches across India are closed. Bank holidays vary between states and cities depending on regional festivals and local observances.
Customers in affected cities will not be able to access regular branch-based services such as cash deposits and withdrawals, cheque-related transactions and other over-the-counter facilities on Monday.
Digital banking services, however, are expected to remain available. Customers can continue to use internet banking, mobile banking, Unified Payments Interface (UPI), ATMs and other electronic payment channels for routine transactions, subject to service availability.
Customers requiring services that can only be completed at a physical branch have been advised to check their bank’s holiday schedule and plan visits accordingly.
The holiday also affects trading activity in the domestic equity market. The National Stock Exchange and BSE are closed on Monday for Ganesh Chaturthi, with regular trading in equities and other segments resuming on the next trading day.
Bank customers are advised to verify the working status of their specific branch before visiting, as holiday schedules can differ by location.
The closures come as cities such as Mumbai witness large-scale Ganesh Chaturthi celebrations, with devotees participating in religious ceremonies and visiting decorated pandals across the city.
–ENDS–
Disclaimer:Â This article is for informational purposes only and is based on publicly available information. APAC Media is not responsible for investment decisions or losses. Please conduct your own research or consult a financial adviser before investing.
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