On Monday, August 19, people all around the nation will celebrate Raksha Bandhan, commonly known as Rakhi. The festival is observed in August, which is the month of Shravan. Sisters pray for their brothers’ health and prosperity on this day and tie rakhi, or thread, around their wrists. Now that Rakhi is quickly approaching, many people must be wondering if banks would be closed in every state on the day of the celebration.
The identical question has no universally applicable answer: banks won’t close. The Reserve Bank of India’s bank holiday calendar indicates that in cities that will celebrate the holiday on Monday, both public and private sector banks will be closed.
Here is the complete list of banks which will remain closed on the occasion of Raksha Bandhan 2024:
- Tripura
- GujaratÂ
- OdishaÂ
- UttarakhandÂ
- Rajasthan
- Uttar Pradesh
- Himachal Pradesh
Raksha Bandhan, which means “safety” and “bond” in literal translation, honours the special relationship between siblings. The festival is celebrated on the day of the full moon, or Purnima, in the Hindu month of Shravan.Â
On this day, a sister applies tilak to the brother’s forehead and then ties the rakhi around his wrist for his health and prosperity. The brother thanks her by giving her something in exchange. Nowadays, even friends and distant relatives have begun the habit of tying rakhi to each other in addition to brothers and sisters.
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