logo
Saturday bank holiday: Are banks open or closed today on June 14, 2025?

Saturday bank holiday: Are banks open or closed today on June 14, 2025?

Time of India15 hours ago

Are banks open or closed today on June 14, 2025?
Upcoming bank holidays in June 2025
Academy
Empower your mind, elevate your skills
Digital banking
Bank holidays in June 2025
Jun-25 7 11 27 30 Agartala • Ahmedabad Aizawl • • Belapur • Bengaluru • Bhopal • Bhubaneswar • • Chandigarh • Chennai • Dehradun • Gangtok • Guwahati • Hyderabad - Andhra Pradesh • Hyderabad - Telangana • Imphal • • Itanagar Jaipur • Jammu • Kanpur • Kochi • Kohima • Kolkata • Lucknow • Mumbai • Nagpur • New Delhi • Panaji • Patna • Raipur • Ranchi • Shillong • Shimla • • Srinagar • Thiruvananthapuram •
Holiday Description Day Bakri ID (Id-Uz-Zuha) 7 Sant Guru Kabir Jayanti/Saga Dawa 11 Ratha Yatra/Kang (Rathajatra) 27 Remna Ni 30
Bank holidays in India are not uniform across all states. The Reserve Bank of India (RBI) issues an official calendar each year detailing state-wise bank holidays. All banks including public, private, cooperative, and regional are closed on the second and fourth Saturdays of every month, in addition to Sundays and national or regional holidays.All scheduled and non-scheduled banks will be closed today on June 14, 2025 as it is the second Saturday of the month. The first, third, and fifth Saturdays (if applicable) are regular working days unless specified in the bank holiday list.June 27: Friday: Ratha Yatra/Kang (Rathajatra)Banks will be closed in Orissa and Manipur on June 27 for the occasion for Ratha Yatra.June 30: Monday: Remna NiBanks will be closed in Mizoram on June 30 for Remna N which is also known as Peace day.Transactions such as cash transactions, cheque deposits and clearance, account opening and loan disbursements can be done only in the branch. So such transactions should be done before or after the weekend. With internet and mobile banking, customers can carry out transactions like checking balances, transferring money, or paying bills without visiting a branch, even during weekends and holidays. Services like UPI, IMPS, and mobile wallets enable real-time fund transfers, making it easier to handle urgent payments or transfers, especially when banks are closed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

India 'satisfied' with $400 million currency swap that boosted Maldives' FX reserves
India 'satisfied' with $400 million currency swap that boosted Maldives' FX reserves

Time of India

time37 minutes ago

  • Time of India

India 'satisfied' with $400 million currency swap that boosted Maldives' FX reserves

India expressed satisfaction over the USD 400 million currency swap with Maldives, which boosted the island nation's foreign exchange reserves. Fitch affirmed Maldives' sovereign rating, acknowledging the increased Forex reserves driven by the currency swap between the Reserve Bank of India and the Maldives Monetary Authority. However, persistent fiscal vulnerabilities complicate debt refinancing. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads India on Saturday noted with satisfaction that the USD 400 million currency swap between Male and New Delhi helped boost Maldives ' foreign exchange (FX) comments by the Indian High Commission in Maldives came after global credit rating agency Fitch on Thursday affirmed the archaepelagic country's sovereign rating at 'CC', among other reasons due to increased Forex Indian High Commission in Maldives, in a post on X, said it noted with satisfaction that the FX reserves increase in the island nation was driven by the USD 400 million drawdown under a currency swap between the Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) in October 2024."The currency swap alleviated imminent external liquidity strains as noted by Fitch credit rating for Maldives, it rating agency Fitch noted that the country's FX reserves have increased due to solid tourism-related receipts, the newly-implemented Foreign Currency Act, which mandates tourism-related businesses to exchange either 20 per cent of monthly foreign-currency receipts, and the support from the RBI, alleviating imminent external liquidity strains, Sun Online news portal rating agency said that while the tourism sector continues to expand and gross FX reserves have increased following support from the RBI, persistent external and fiscal vulnerabilities will complicate refinancing of Maldives' impending large external debt-servicing obligations in the year agency projects the Maldives' fiscal deficit will widen to 14.5 per cent of GDP in 2025, up from 14 per cent in 2024 on high recurrent spending, mainly due to expectations of rising public wages and continued delays in the planned fiscal reforms of subsidies and healthcare spending largely due to political considerations the report said.

RBI likely to further ease rates after a brief pause as second half of FY26 may need additional liquidity: Report
RBI likely to further ease rates after a brief pause as second half of FY26 may need additional liquidity: Report

Time of India

time6 hours ago

  • Time of India

RBI likely to further ease rates after a brief pause as second half of FY26 may need additional liquidity: Report

The Reserve Bank of India ( RBI ) is likely to ease interest rates further after a brief pause as the country may require additional liquidity injection in the second half of the financial year 2025-26 (H2 FY26), according to a report titled Ionic Wealth by Angel One. The RBI has already revised its inflation target for FY26 down to 3.7 per cent. For the first quarter of FY26, inflation is projected at 2.9 per cent, and the average inflation for April and May is currently tracking close to this estimate. "We reiterate our view that a) the RBI will likely ease more after a brief pause, and b) more liquidity injection will be required in H2," the report noted. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Retirement Village in Glasgow (Take a Look at the Prices) Retirement Villages Learn More Undo India's Consumer Price Index (CPI) inflation eased significantly to 2.82 per cent year-on-year in May 2025, down from 3.16 per cent in April 2025. On a month-on-month basis, inflation dropped by 35 basis points. Core inflation also declined slightly, coming in at 4.28 per cent compared to 4.36 per cent in the previous month. Live Events The report highlighted that today's inflation print provides the RBI more room to support economic growth, a long-standing concern. The report cautioned, however, that while domestic inflation drivers remain well managed, global factors like geopolitics and trade deals could still influence future inflation trends. "Some uncertainty lingers from imported inflation," the report added One of the major contributors to the decline in inflation was a further easing in food prices. Food inflation came down to 0.99 per cent in May from 1.78 per cent in April. A significant factor behind this moderation was the steep fall in vegetable prices, which dropped 13.7 per cent year-on-year. Pulses also witnessed a price decline of 8.2 per cent year-on-year, aided partly by a high base effect. Cereal prices, while still increasing, showed a slower rise of 4.7 per cent in May compared to 5.4 per cent in April. The report attributed this overall moderation in food prices to improved supply conditions, bolstered by a strong rabi harvest and favorable sowing conditions for the kharif season.

RBI may cut rates further after brief pause; more liquidity requirement in second half of FY26: Report
RBI may cut rates further after brief pause; more liquidity requirement in second half of FY26: Report

Time of India

time7 hours ago

  • Time of India

RBI may cut rates further after brief pause; more liquidity requirement in second half of FY26: Report

Representative image NEW DELHI: The Reserve Bank of India (RBI) may further reduce interest rates following a temporary halt, as additional liquidity might be needed in the latter half of fiscal year 2025-26 (H2 FY26), according to a report "Ionic Wealth" from Angel One, quoted by ANI. The central bank recently lowered its FY26 inflation forecast to 3.7 per cent. The first quarter projection stands at 2.9 per cent, with April and May's average inflation aligning closely with this estimate. "We reiterate our view that a) the RBI will likely ease more after a brief pause, and b) more liquidity injection will be required in H2," the report said. India's Consumer Price Index (CPI) inflation decreased to 2.82 per cent year-on-year in May 2025, lower than April 2025's 3.16 per cent. Monthly inflation figures showed a reduction of 35 basis points. Core inflation registered a slight decrease at 4.28 per cent, down from the previous month's 4.36 per cent. The report indicates that current inflation figures provide the RBI additional scope to boost economic growth, which remains a primary concern. While domestic inflation remains controlled, the report warns that external factors including geopolitical situations and trade agreements could affect future inflation patterns. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like ¡Todo a tu favor con Orange! Orange Undo "Some uncertainty lingers from imported inflation," the report added. Food price moderation contributed significantly to lower inflation, with food inflation decreasing to 0.99 per cent in May from April's 1.78 per cent. Vegetable prices declined sharply by 13.7 per cent year-on-year, whilst pulses decreased by 8.2 per cent year-on-year, partially due to base effect. Cereal price increases slowed to 4.7 per cent in May from April's 5.4 per cent. The report credits improved supply conditions for the food price moderation, supported by robust rabi harvest and suitable kharif sowing conditions. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store