Banks Closed On October 10: Here’s Why RBI Has Declared A Bank Holiday
On October 10, several private and public banks in India will be closed in observance of Maha Saptami. The Reserve Bank of India (RBI) has declared a bank holiday in specific states for this day, which is a significant part of the Durga Puja celebrations. Banks in Tripura, Assam, Nagaland, and West Bengal will remain shut on October 10 in honour of Durga Puja/Dussehra, while banks in other regions will operate as usual. Maha Saptami, the seventh day of Durga Puja, marks the beginning of the grand worship (Maha Puja) and is a pivotal day in the 10-day festival. According to mythology, it is the day when Goddess Durga began her battle against the demon… Read More »Banks Closed On October 10: Here’s Why RBI Has Declared A Bank Holiday