The banks will remain shut for 11 days in January. In December, all public and private sector banks remained closed for 14 days.
Some of the bank holidays are state-specific, while banks across the country will be shut on national holidays. The Reserve Bank of India (RBI) issues a list of holidays every month when banks remain closed. Here is the full list of bank holidays for January:
Bank Holidays List January 2023:
January 2, 2023 – Monday, New Year Celebration (Aizawl)
January 3, 2023 – Tuesday, Imoinu Iratpa (Imphal)
January 4, 2023 – Wednesday, Gaan-Ngai (Imphal)
January 26, 2023 – Thursday, Republic Day
Banks will also remain shut on these weekends:
January 1, 2023 – Sunday
January 8, 2023 – Sunday
January 14, 2023 – Second Saturday, Makar Sankranti
January 15, 2023 – Sunday, Pongal
January 22, 2023 – Sunday
January 28, 2023 – Fourth Saturday
January 29, 2023 – Sunday
The Reserve Bank of India has put holidays under three brackets which include holiday under the Negotiable Instruments Act, holiday under the Negotiable Instruments Act and Real-Time Gross Settlement Holiday and Banks’ Closing of Accounts.