Tag: RBI bank holiday
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September 5 Holiday Explained: Centre Confirms Milad-un-Nabi; RBI Moves Bank Holiday to Sept 8
No, India is not shutting down for four days in early September 2025. The Centre listed Sept 5 as a gazetted holiday for Milad-un-Nabi, but the RBI shifted the bank holiday to Monday, Sept 8. Banks stayed open on Sept 5 nationally, though a few states followed local notifications. Markets will observe Sept 8 as a non-settlement day.
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