logo
Bank holidays next week, July 13-20: From Beh Deinkhlam to Harela and Ker Puja. Check full schedule here

Bank holidays next week, July 13-20: From Beh Deinkhlam to Harela and Ker Puja. Check full schedule here

Mint13-07-2025
Bank holidays next week, July 13-20: There are a number of holidays for banks across different states in India during the next week, including for Beh Deinkhlam, Harela celebrations, the death anniversary of U Tirot Singh, Ker Puja, and weekly offs.
Notably, the second and fourth Saturdays and all Sundays are weekly holidays for all public and private banks across India, including the State Bank of India (SBI). Besides this, there are a total of seven listed bank holidays in July this year.
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. July 13 (Sunday) — Banks closed pan-India.
July 14 (Monday) — Beh Deinkhlam — Banks will be closed in Shillong for Beh Deinkhlam, a festival celebrated by the Jaintia tribe in Meghalaya.
July 16 (Wednesday) — Harela — Banks in Dehradun will be closed for Harela, a festival celebrated in the Kumaon region of Uttarakhand and some parts of Himachal Pradesh.
July 17 (Thursday) — Death Anniversary of U Tirot Singh — Banks will remain shut in Shillong, marking the death anniversary of U Tirot Singh, one of the chiefs of the Khasi people.
July 19 (Saturday) — Ker Puja — Banks in Agartala will be closed for Ker Puja, a festival celebrated in Tripura. It is dedicated to Ker, the region's guardian deity, who protects from calamities and external threats.
July 20 (Sunday) — Banks closed pan-India. July 3 (Thursday) — Kharchi Puja — Banks will be closed in Agartala to celebrate Kharchi Puja, a Hindu festival in Tripura dedicated to fourteen deities called Chaturdasha Devata.
July 5 (Saturday) — Guru Hargobind's Birthday — Banks will be closed in Jammu and Srinagar to mark Guru Hargobind's Birthday, the sixth of the ten Sikh Gurus.
July 6 (Sunday) — Banks closed pan-India.
July 12 (Saturday) — Banks closed pan-India for second Saturday.
July 13 (Sunday) — Banks closed pan-India.
July 14 (Monday) — Beh Deinkhlam — Banks will be closed in Shillong for Beh Deinkhlam, a festival celebrated by the Jaintia tribe in Meghalaya.
July 16 (Wednesday) — Harela — Banks in Dehradun will be closed for Harela, a festival celebrated in the Kumaon region of Uttarakhand and some parts of Himachal Pradesh. July 17 (Thursday) — Death Anniversary of U Tirot Singh — Banks will remain shut in Shillong, marking the death anniversary of U Tirot Singh, one of the chiefs of the Khasi people.
July 19 (Saturday) — Ker Puja — Banks in Agartala will be closed for Ker Puja, a festival celebrated in Tripura. It is dedicated to Ker, the region's guardian deity, who protects from calamities and external threats.
July 20 (Sunday) — Banks closed pan-India.
July 26 (Saturday) — Banks closed pan-India for fourth Saturday.
July 27 (Sunday) — Banks closed pan-India.
July 28 (Monday) — Drukpa Tshe-zi — Banks in Gangtok will be closed for Drukpa Tshe-zi, a Buddhist festival that falls on the fourth day of the sixth month in the Tibetan lunar calendar. This day marks Lord Buddha's first sermon.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Students in debt from online gaming turn to ‘digital arrest' scam
Students in debt from online gaming turn to ‘digital arrest' scam

The Hindu

time7 hours ago

  • The Hindu

Students in debt from online gaming turn to ‘digital arrest' scam

Three students who fell into debt after gambling on online gaming platforms were arrested by Hyderabad cybercrime police in connection with 'digital arrest' scams. The case came to light after they cheated a government employee of ₹6.5 lakh. The accused, all in their early twenties, allegedly supplied over 40 bank accounts to cyber fraudsters in exchange for commission, said an officer. 'They were approached by scammers on WhatsApp and agreed to assist in laundering funds after incurring losses in online betting,' said the officer. Those arrested have been identified as K. Hemanth Reddy, 21, from Anumula in Nalgonda district, M. Yeswanth Reddy, 21, of Kambalapally village, and M. Tharun, 22, a resident of Karkhana, Secunderabad. Their fraud came to light after a 57-year-old government employee from Dhoolpet received a phone call in January 2025 from someone claiming to be a Deputy Commissioner of Police. The caller falsely accused him of involvement in a ₹2 crore money laundering case, alleging that his Aadhaar number had been used to open a suspicious bank account. Fake arrest warrants, RBI notices, and Supreme Court authorisations were sent to the victim over WhatsApp. Under pressure, the victim was instructed to disclose his banking details and transfer funds to prove his innocence. Believing he was facing imminent arrest, he ended up transferring ₹6.5 lakh. When communication ceased, he realised he had been conned. Cybercrime police said the trio's bank accounts were used by the main fraudsters to receive money from victims via RTGS and NEFT transfers. They received a commission for each transaction. 'This type of fraud, known as a 'digital arrest' scam, typically involves fraudsters impersonating police officers and threatening targets with legal action. Video calls featuring people in police uniforms are used to pressure victims into compliance,' said the officer. Citizens are urged to report cyber fraud by dialling 1930 or visiting

Q1 Results Next Week: Airtel, SBI, LIC And Tata Motors Among 500+ Companies To Declare Earnings
Q1 Results Next Week: Airtel, SBI, LIC And Tata Motors Among 500+ Companies To Declare Earnings

News18

time9 hours ago

  • News18

Q1 Results Next Week: Airtel, SBI, LIC And Tata Motors Among 500+ Companies To Declare Earnings

Last Updated: Over 500 companies, including SBI, Airtel, LIC, and Tata Motors, will announce their Q1 results next week. The upcoming week is expected to be one of the busiest earnings weeks for the Indian stock market, with over 500 companies scheduled to announce their April–June quarter (Q1) results for FY 2025-26. Investors and analysts will be closely tracking these announcements, especially from large-cap companies across banking, telecom, auto, real estate, and insurance sectors. The results are expected to guide market sentiment and influence the direction of stocks in the coming days. The week begins with real estate major DLF Ltd reporting its earnings. Alongside DLF, companies like Marico Ltd, Shree Cement, and Sona BLW Precision Forgings are also scheduled to announce their Q1 results. These updates will be important in assessing the performance of the realty and FMCG sectors. Tuesday, August 5: Airtel, Adani Ports, Britannia On Tuesday, the focus will shift to the telecom and logistics sectors. Bharti Airtel Ltd, one of India's top telecom players, and Adani Ports, a key logistics operator, will release their financials. Other important companies reporting include Britannia Industries, Lupin, Torrent Power, Container Corporation of India, and Berger Paints. Midweek earnings will feature two-wheeler major Bajaj Auto and adhesive leader Pidilite Industries. Investors will also watch out for results from Hero MotoCorp, Bharat Forge, Divi's Laboratories, Trent, and Bajaj Holdings. These announcements are likely to reflect trends in auto sales and manufacturing demand. Thursday, August 7: LIC, Titan, Godrej Consumer Thursday will bring results from Life Insurance Corporation (LIC), India's biggest insurance provider, and Titan, a leader in jewellery and fashion accessories. Other earnings scheduled for the day include Godrej Consumer Products, NBCC (India), and Cummins India, giving insight into consumer goods and infrastructure sectors. The week ends with major Q1 updates from State Bank of India (SBI) and Tata Motors, two companies that hold significant weight in the Indian stock market. Also reporting are Grasim Industries and Info Edge (India), from the cement and internet services sectors, respectively. With such a long list of important announcements, the coming week could significantly affect market trends and investor strategies. view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.

Arcil IPO: Avenue, SBI to reduce stake, GIC affiliate to exit
Arcil IPO: Avenue, SBI to reduce stake, GIC affiliate to exit

Economic Times

time9 hours ago

  • Economic Times

Arcil IPO: Avenue, SBI to reduce stake, GIC affiliate to exit

Arcil Ltd, India's first bad loan aggregator, is set for an IPO with existing shareholders like Avenue Capital, SBI, GIC's Lathe Investment, and Federal Bank planning to sell 10.54 crore shares. Avenue Capital will dilute its stake, while Lathe Investment will exit completely. Arcil, the second largest ARC in India, reported a profit of Rs 355.31 crore in March 2025. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads New York based Avenue Capital Group State Bank of India (SBI), Singapore's GIC owned Lathe Investment and Federal Bank will sell an aggregate of 10.54 crore shares in Arcil Ltd in what will be the first initial public offer (IPO) for a bad loan aggregator in company filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Saturday. Avenue which holds 69.73% of equity in the company will sell 6.87 crore shares, diluting its stake to 48.57% while SBI will sell 1.94 crore shares to reduce its holding to 13.96% from 19.95%, GIC affiliate Lathe Investment will completely exit the company by selling all it 5% stake or 1.62 crore shares, the DRHP bank shareholder Federal Bank will sell 10 lakh shares to reduce its stake to 0.95% from 1.27%. The entire issue is an offer for sale by existing shareholders with no fresh shares being Capital, IDBI Capital and JM Financial are the bankers to the in 2002, Asset Reconstruction Company (India) Ltd was the first asset reconstruction company in India, backed by banks like IDBI Bank , SBI and ICICI Bank . Currently Avenue and SBI are identified as promoters of the company, together holding 89.68% of the has been in operations for more than two decades. Over the years banks have exited the ARC mostly selling stake to 2022, Avenue Capital acquired 44.6% in the company from ICICI Bank, IDBI Bank and ICICI Home Finance for a consideration of nearly ₹840 is currently the second largest in terms of assets under management (AUM) aming ARCs in India with Rs 15,230.031 crores. It earns its revenue from management fees/ trusteeship fees, portfolio recovery fees, income from investments and write Bank sold its 19.18%, ICICI Bank 13.26% while ICICI Bank's housing finance sold its 2.26% at Rs 58 a share, a Rs 48 premium to the Rs 10 face value. Punjab National Bank was the latest to sell its 10% stake in March 2023 at Rs 60.53 apiece. It remains to be seen what price the shareholders decide to sell their stake the year ended March 2025, the revenue from operations for Arcil were at Rs 596.42 crore with a profit after tax of Rs 355.31 of March 2025, had acquired Rs 72,657.30 crore in total principal debt at a cost of Rs 38,155.63 crore or 52.51% of the total principal debt and made recoveries of Rs 28,459.70 crore.

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