logo
Bank holidays next week, Aug 10-17: From Independence Day to Janmashtami, Krishna Jayanthi, weekends. See full schedule

Bank holidays next week, Aug 10-17: From Independence Day to Janmashtami, Krishna Jayanthi, weekends. See full schedule

Mint5 hours ago
Bank holidays next week, August 10-17, 2025: The Reserve Bank of India's full schedule for August 2025 is out and among the days which banks will be closed next week include Independence Day, Janmashtami, Krishna Jayanthi, Patriot's Day, besides the weekly offs on Saturdays and Sundays.
Overall, the month has a total of 15 listed holidays, including Independence Day, Ganesh Chaturthi and Janmashtami, besides other regional celebrations, and the weekly Saturday and Sunday offs.
All banks in India, public and private, have the second and fourth Saturdays as a holiday and all Sundays in the month are weekly offs.
You should note that holidays may differ across states in India due to regional and local requirments. It is thus best to check with your local bank branch for their holiday schedule or list ahead of time to be properly informed and make preparations in case of emergencies or long weekends. August 10 — (Sunday) — Banks across India closed for Sunday weekend holiday.
August 13 — (Wednesday) — Banks in Imphal (Manipur) closed for Patriot's Day.
August 15 — (Friday) — Banks across India closed for Independence Day and Parsi New Year (Shahenshahi) and Janmashtami celebrations.
August 16 — (Saturday) — Banks in Ahmedabad (Gujarat), Aizawl (Mizoram), Bhopal and Ranchi (Madhya Pradesh), Chandigarh (UT), Chennai (Tamil Nadu), Dehradun (Uttarakhand), Gangtok (Sikkim), Hyderabad (Telangana), Jaipur (Rajasthan), Kanpur and Lucknow (Uttar Pradesh), Patna (Bihar), Raipur (Chhattisgarh), Shillong (Meghalaya), Jammu and Srinagar (Jammu and Kashmir), and Vijayawada (Andhra Pradesh) will be shut on account of Janmashtami (Shravan Vad-8) and Krishna Jayanthi.
August 17 — (Sunday) — Banks across India closed for Sunday weekend holiday.
You can continue to use online or mobile banking services even on national holidays — unless notified to users for technical or other reasons. For cash emergencies, ATMs are open for withdrawals, app and UPI function as usual.
All of the bank's annual holiday calendar is declared by the RBI under provisions of the Negotiable Instruments Act, which deals with the issuance of cheques and promissory notes. Transactions involving these instruments are thus not available during these listed holidays.
The RBI and state governments create a list of holidays for banks, taking into account national and local occasions, operational requirements, religious celebrations and other cultural observances. The central bank makes the announcement through its official website and notifications to banks and other financial institutions. August 3 — (Sunday) — Banks across India closed for Sunday weekend holiday.
August 8 — (Friday) — Banks in Gangtok (Sikkim) to be closed for Tendong Lho Rum Faat.
August 9 — (Saturday) — Banks in Ahmedabad (Gujatrat), Bhopal (Madhya Pradesh), Bhubaneshwar (Odisha), Dehradun (Uttarakhand), Jaipur (Rajasthan), Kanpur and Lucknow (Uttar Pradesh), and Shimla (Himachal Pradesh) to be closed on account of Raksha Bandhan and Jhulana Purnima; and across India for second Saturday holiday.Bank Holidays in August 2025 — Check full schedule
August 3 — (Sunday) — Banks across India closed for Sunday weekend holiday.
August 8 — (Friday) — Banks in Gangtok (Sikkim) to be closed for Tendong Lho Rum Faat.
August 9 — (Saturday) — Banks in Ahmedabad (Gujatrat), Bhopal (Madhya Pradesh), Bhubaneshwar (Odisha), Dehradun (Uttarakhand), Jaipur (Rajasthan), Kanpur and Lucknow (Uttar Pradesh), and Shimla (Himachal Pradesh) to be closed on account of Raksha Bandhan and Jhulana Purnima; and across India for second Saturday holiday.
August 10 — (Sunday) — Banks across India closed for Sunday weekend holiday.
August 13 — (Wednesday) — Banks in Imphal (Manipur) closed for Patriot's Day.
August 15 — (Friday) — Banks across India closed for Independence Day and Parsi New Year (Shahenshahi) and Janmashtami celebrations.
August 16 — (Saturday) — Banks in Ahmedabad (Gujarat), Aizawl (Mizoram), Bhopal and Ranchi (Madhya Pradesh), Chandigarh (UT), Chennai (Tamil Nadu), Dehradun (Uttarakhand), Gangtok (Sikkim), Hyderabad (Telangana), Jaipur (Rajasthan), Kanpur and Lucknow (Uttar Pradesh), Patna (Bihar), Raipur (Chhattisgarh), Shillong (Meghalaya), Jammu and Srinagar (Jammu and Kashmir), and Vijayawada (Andhra Pradesh) will be shut on account of Janmashtami (Shravan Vad-8) and Krishna Jayanthi. August 17 — (Sunday) — Banks across India closed for Sunday weekend holiday.
August 19 — (Tuesday) — Banks in Agartala (Tripura) to be closed for Birthday of Maharaja Bir Bikram Kishore Manikya Bahadur.
August 23 — (Saturday) — Banks across India closed for fourth Saturday weekend off.
August 24 — (Sunday) — Banks across India closed for Sunday weekend holiday.
August 25 — (Monday) — Banks in Guwahati (Assam) will be closed on account of Tirubhav Tithi of Srimanta Sankardeva.
August 27 — (Wednesday) — Banks in Ahmedabad (Gujarat), Belapur, Mumbai and Nagpur (Maharashtra), Bengaluru (Karnataka), Bhubaneshwar (Odisha), Chennai (Tamil Nadu), Hyderabad (Telangana), Panaji (Goa), and Vijayawada (Andhra Pradesh) will be closed for Ganesh Chaturthi and Samvatsari (Chaturthi Paksha) and Varasiddhi Vinayaka Vrata and Ganesh Puja and Vinayakar Chathurthi.
August 28 — (Thursday) — Banks in Bhubaneshwar (Odisha) and Panaji (Goa) to be closed for second day of Ganesh Chaturthi and Nuakhai.
August 31 — (Sunday) — Banks across India closed for Sunday weekend holiday.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Vijay L Bhambwani's Ticker: Retail bulls latching on to slender hope
Vijay L Bhambwani's Ticker: Retail bulls latching on to slender hope

Mint

time28 minutes ago

  • Mint

Vijay L Bhambwani's Ticker: Retail bulls latching on to slender hope

Dear reader, Last week, I wrote that the markets were headed towards a tipping point that would determine near-term trends. Bulls failed to revive sentiments, and the markets fell for the sixth week in a row. I have not seen this sequence of weekly declines for multiple years. Big money has been unwinding their positions, and retail buyers are trying to absorb the supply, with limited results. The retail segment continues to display signs of a bullish hangover and is buying the dips in reflex action. That is validated by the fact that retail borrowing in the MTF (margin funded trading—money lent by brokers to invest in stocks) has fallen by a mere 0.73% after expiry of the July series. Market-wide position limits (MWPL), which indicate the percentage exposure utilised by traders as a component of total exposure permitted by Sebi, have also risen. Higher MWPL is a double-edged sword as it indicates confidence levels in a rising market. On the flip side, it makes the market weaker on the way down as traders scamper to exit recent trades in a crowded exit fashion. Price volatility invariably spikes. This is a clear and present danger that my readers must brace for. The roller coaster ride on account of newsflow continued unabated as US President Donald Trump sprang a negative surprise on India by imposing 50% tariffs. On the global markets front, there are two bits of news that can extend a sliver of hope to the bull camps. Firstly, Donald Trump has signed the executive order to allow US citizens' retirement savings (Plan 401k) to be invested in riskier assets. That includes but is not limited to equities and cryptocurrencies. Secondly, Trump and Putin will meet on 15 August in Alaska to consider ways and means to end the Russia-Ukraine war. The first trigger is a short-term positive and long-term negative because retail traders seldom look past their noses. Empirical evidence is testimony to the negative fallout of retirement money influencing markets by its entry and exit. The US market fall of 2008 due to the plan Employee Retirement Income Security Act of 1974 (Erisa) is an example. The second trigger is a positive one, provided a solution is found. This week, the action will continue to be focused on public sector undertakings (PSUs) and banks in particular. The Reserve Bank of India (RBI) maintained the status quo and kept interest rates constant, setting the tone and tenor of the money markets as hawkish. With oil and gas prices falling, the stock prices of companies using fossil fuels as raw materials may rise marginally or fall less in case markets are weak. In the commodities space, oil and gas are likely to face selling pressure on advances. I maintain that energy markets are well supplied and that shortages exist only in the narratives. Metals are also likely to be sold on advances if the markets cheer the Trump-Putin meeting on 15 August. Bullion remains a long-term bullish story, as I have been maintaining for many quarters now. Just look beyond calendar 2025 and avoid leveraged buying since the financing costs eat into your profits. Continue to trade light and maintain tail risk (Hacienda) hedges for capital preservation. The week is truncated due to the Independence Day holiday. Usually, shorter trading weeks imply an uptick. A tutorial video on tail risk (Hacienda) hedges is here. Rear-view mirror Let us assess what happened last week so we can gauge what to expect in the coming week. The fall was led by the banking and financial stocks, which are the heaviest-weighted sector in the Nifty. The broad-based Nifty 50 followed suit. Bullion rallied on safe-haven buying and a weaker US dollar index. Oil and gas fell as energy markets were well supplied. The weaker dollar rallied against the rupee, dragging market sentiments lower. Indian 10-year bond yields rose, which was negative for banking stocks. Banks are the biggest holders of sovereign bonds. The National Stock Exchange (NSE) lost market capitalisation as the selling was broad-based. Market-wide position limits rose routinely after expiry. US headline indices rose and provided tailwinds to our markets. Retail risk appetite – I use a simple yet highly accurate yardstick for measuring the conviction levels of retail traders—where are they deploying money? I measure what percentage of the turnover was contributed by the lower and higher risk instruments. If they trade more of futures, which require sizable capital, their risk appetite is higher. Within the futures space, index futures are less volatile compared to stock futures. A higher footprint in stock futures shows higher aggression levels. Ditto for stock and index options. Last week, this is what their footprint looked like (the numbers are the average of all trading days of the week) – Turnover contribution collapsed in the higher-risk, capital-intensive futures segment as risk appetite fell off a cliff. The turnover contribution rose in index options, the relatively lower-risk and lower capital-intensive options segment. This is the least risky segment in the entire derivatives segment. Overall, risk appetite was substantially lower. Matryoshka analysis Let us peel layer after layer of statistical data to arrive at the core message of the markets. The first chart I share is the NSE advance-decline ratio. After the price itself, this indicator is the fastest (leading) indicator of which way the winds are blowing. This simple yet accurate indicator computes the ratio of the number of rising stocks compared to falling stocks. As long as the gains outnumber the losses, bulls are dominant. This metric gauges the risk appetite of one marshmallow traders. These are pure intraday traders. The Nifty logged smaller losses last week, but the advance-decline ratio eased to 0.75 (prior week 0.80). That tells me there were 75 gainers for every 100 losers. This is a poor show by intraday traders. Ideally, this metric should stay above 1.0 to signal sustainable bullishness. A tutorial video on the Marshmallow theory in trading is here. The second chart I share is the market-wide position limits (MWPL). This measures the amount of exposure utilised by traders in the derivatives (F&O) space as a component of the total exposure allowed by the regulator. This metric gauges the risk appetite of two marshmallow traders. These are deep-pocketed, high-conviction traders who roll over their trades to the next MWPL reading rose routinely after expiry, but the rise was smaller than the commensurate week in the prior two months. That tells me optimism, though present, is tempered by caution. As I wrote earlier, very high MWPL readings are a double-edged sword. A dedicated tutorial video on how to interpret MWPL data in more ways than one is available here. The third chart I share is my in-house indicator, 'impetus.' It measures the force in any price move. Last week, both indices fell. The impetus readings for both indices have fallen significantly with price declines. That tells me there was no forceful sell-off last week, and prices slid lower on account of expiry and lack of adequate buying. The final chart I share is my in-house indicator 'LWTD.' It computes lift, weight, thrust and drag encountered by any security. These are four forces that any powered aircraft faces during flight, so applying them to traded securities helps a trader estimate prevalent sentiments. The Nifty recorded smaller losses last week, and the LWTD indicator rose, too. However, it remained in negative territory at -0.10 (prior week -0.34). That tells me short covering may have improved over the prior week, but fresh aggressive buying may have been lacking. Short covering can cushion declines and even trigger a temporary rally, but a sustained bull run needs fresh big-ticket buying. A tutorial video on interpreting the LWTD indicator is here. Nifty's verdict The weekly chart of the Nifty shows a sixth consecutive week of declines. That has not occurred in many years. The price has breached the 25-week average, which is a proxy for the six-month holding on the cost of a retail investor. A breach of this average suggests recent investments are incurring notional losses and can create short-term psychological pressure on bulls. The persistent selloff also creates an overhead supply as trapped buyers at higher levels rush for the exit door on advances as their breakeven costs are achieved. A reliable rally is possible only after the overhead supply has been absorbed completely. Last week, I advocated watching the 24,200 level on the Nifty as a support area. That holds for now. I suggest watching the same level this week, too. If bulls manage to defend this threshold, a short-term bounce can occur. Only sustained trading above 24,750 levels can indicate the possibility of further upsides. Your call to action – Watch the 24,200 level as near-term support. Only a breakout above the 24,750 level raises the possibility of a short-term rally. Last week I estimated ranges between 56,800 – 54,450 and 25,075 – 24,050 on the Bank Nifty and Nifty respectively. Both indices traded within their specified resistance levels. I estimate this week's ranges between 56,150 – 53,850 and 24,875 – 23,850 on the Bank Nifty and Nifty, respectively. Trade light with strict stop losses. Avoid trading counters with spreads wider than 8 ticks. Have a profitable week. Vijay L. Bhambwani Vijay is the CEO of a proprietary trading firm. He tweets at @vijaybhambwani

Explained: India's digital leap as it nears 79th Independence Day
Explained: India's digital leap as it nears 79th Independence Day

Hans India

time28 minutes ago

  • Hans India

Explained: India's digital leap as it nears 79th Independence Day

As India prepares for its 79th Independence Day next week, its digital governance ecosystem has made citizens more independent in accessing services and participating in governance. Tech-enabled citizen-centric governance has led to the empowerment of citizens and inclusive development. The Digital India initiative, launched in 2015, transformed India into a digitally enabled society and knowledge economy. Digital Public Infrastructure (DPI) platforms, including Aadhaar, UPI, and DigiLocker, have revolutionised service delivery. During the last month, UPI recorded around 19.5 billion transactions worth over Rs 25 lakh crore. This translates into around 650 million transactions per day on average and worth around Rs 83,000 crore daily. India was the first country to implement Direct Benefit Transfer (DBT) at scale, which reduced corruption and ensured the timely delivery of welfare benefits. Additionally, AI integration in governance-tailored services to citizen needs through grievance redressal systems and predictive analytics in healthcare and agriculture. platform, National AI Portal (INDIAai) and Chic-CAD Plus were some noteworthy government-led programmes. POSHAN Tracker – a mobile-based application was developed for Anganwadi workers to provide real-time data on the delivery of nutrition and childcare services Digital Infrastructure for Knowledge Sharing (DIKSHA) – a national platform for school education, and AYUSH Information Hub (AIH) for accurate and verified information on traditional medical systems, were other noteworthy programmes. UMANG (Unified Mobile Application for New-age Governance) helped access over 1,200 Central and state government services in multiple languages, including Aadhaar, DigiLocker, Bharat Bill Payment System, PAN, EPFO and other services. E-governance platforms reduced bureaucratic opacity and increased public trust. Now, the country is developing AI-driven tools and multilingual platforms to ensure services reach marginalised communities. The IndiaAI Mission, a government programme, has created 'AI Kosh', a data repository that has over 400 databases, to assist researchers and entrepreneurs in the development of multilingual AI solutions. Prime Minister Narendra Modi has reiterated on multiple occasions that India is willing to share technology, knowledge and expertise acquired in tech-enabled governance with the Global South.

Buy or sell: Ganesh Dongre of Anand Rathi recommends three stocks to buy on Monday — 11 August 2025
Buy or sell: Ganesh Dongre of Anand Rathi recommends three stocks to buy on Monday — 11 August 2025

Mint

timean hour ago

  • Mint

Buy or sell: Ganesh Dongre of Anand Rathi recommends three stocks to buy on Monday — 11 August 2025

Buy or Sell: This week, the Indian equity benchmark Nifty 50 ended lower by 0.76%, closing at 24,363, as selling pressure intensified after the Trump administration announced an additional 25% tariff and warned of possible secondary tariffs if India continues purchasing oil from Russia. On the domestic front, the RBI kept policy rates unchanged in its latest monetary policy meeting. Technically, Nifty slipped below the crucial 24,800 support and extended its decline toward the 24,200–24,300 zone, which aligns with the 200-day EMA and the 38.2% Fibonacci retracement from the March low of 21,700. The index has formed a bearish rising wedge pattern, indicating potential short-term downside, with immediate support at 24,200 and resistance at 24,800–25,000. Bank Nifty also mirrored this weakness, forming a bearish wedge pattern, with key support at 53,800 — near its 200-day EMA and 38.2% retracement — and resistance at 56,000–57,000. Overall, both indices show a short-term bearish bias, with global trade tensions and geopolitical risks weighing on sentiment, despite domestic policy stability from the RBI. On a broader timeframe, both the Nifty and Bank Nifty closed the week below their respective monthly support levels—23,800 for Nifty and 56,000 for Bank Nifty—indicating a continuation of the prevailing short-term bearish sentiment. For the week ahead, key levels to watch include support at 24,200–24,300 and resistance at 25,200 for the Nifty, while Bank Nifty holds support between 54,000–53,500 and faces resistance at 57,000. Traders are advised to remain cautious and closely monitor global cues and geopolitical developments, which may influence short-term market direction. While the broader trend remains cautiously optimistic, a breakout above the identified resistance levels will be essential to confirm the resumption of upward momentum. 1. Aurobindo Pharma Ltd (AUROPHARMA): Buy at ₹ 1,042; Target Price at ₹ 1,100; Stop Loss at ₹ 1,010. 2. ICICI Bank Ltd (ICICIBANK): Buy at ₹ 1,435; Target Price at ₹ 1,470; Stop Loss at ₹ 1,410. 3. TVS Motor Company Ltd (TVSMOTOR): Buy at ₹ 2,968; Target Price at ₹ 3,030; Stop Loss at ₹ 2,920. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store