2012 Bank Holidays are days which imply and signify festivals, events and holidays which are of religious and national importance. On bank holidays, the banks are closed and do not run. No sort of transactions, which are pertaining to the bank, i.e. the monetary transactions, are allowed or take place on a bank holiday. There are few days which are optional, and some are Gazzetted in the year 2012.
India being a secular and tolerant nation, the Bank holidays have been decided on festivals from various religions, such as Hindu, Buddhist, Christian, Sikh and Islam festivals. Three days are national holidays in India. Those days are:
1. Republic Day (26th January)
2. Independence Day (15th August)
3. Gandhi Jayanti (2nd October)
The other holidays vary from one state to another. Maha Shivratri (20th February) & Holi (8th March) are in the first three months. In April, may and June, the bank holidays re Mahavir Jayanti,( 5th April), Good Friday,(6th April), May Day,(1st May), Buddha Purnima (6th May). In August, we have Independence Day (15th August) and Krishna Janmastami (10th August). September marks the celebration and worship of lord Ganesha (19th September). October, we have Gandhi Jayanti and Dushera (24th October) celebrations. Diwali is on 19th November. Guru Nanak Jayanti would be celebrated on 28th November & Christmas, needless to say, is on 25th December.
Muharram, which is the Islamic New Year, and Eid-ul-Fitr are also days when bank do not operate. Dushera usually continues for a period of ten days, and the main worship starts from the 6th day. But the bank remains closed only on the last day.
In the United States of America, the most popular bank holidays are New Year’s Day, Independence Day and Thanksgiving. Several other holidays of national importance are also included in the bank holiday calendar. The bank holidays in the U.S are broadly segregated under the tags of Religious, International, Secular and Uniquely America.
The tentative bank holidays for 2012 are enlisted below:
New Year’s Day (1st January), Martin Luther King’s birthday on the third Monday in January. President’s day is commemorated on the third Monday of February. The last Monday of the month of May. Independence Day is celebrated with huge pomp and show on the 4th of July. Labor Day on September 3rd, and Columbus Day on 8th October, along with Veteran’s day on November 11th are few other bank holidays in the U.S. Thanksgiving Day will be on 22nd November. Christmas, as we need not mention, is on the 25th of December.
Certain schools and Institutes remain on bank holidays. All the offices in the private sector are shut down too. Every country has various bank holidays owing to the vast multitude of culture in each country. Festivals differ and hence the bank holidays as well. The bank holidays therefore depend on the culture, religions and event of national importance.
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Posted: March 30th, 2012 by
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Bank holidays are public holidays in India, which do not operate some days due to some government holidays in India. These days or holidays are popularly known as bank holidays. 2012 bank holidays are decided exactly according to the 2012 calendar. Bank holidays calendar is another option to know the exact date of closing banks so that employers can get some relaxation from a load of work and pressure, even customers can also feel relief or not satisfy with banking system in India. Indian banking system is appreciated by great men of the world because it offers all kinds of facilities to make it easy and comfortable for all types of customers.
Bank holidays in India highlights on various religious festivals, public events and national holidays. 2012 bank holidays are very essential today, because this year is continuing, so you should have awareness about bank holidays in 2011. These bank holidays will be a presentation of multicultural and multi-religious festivities, which bring you into festive mood to celebrate religious festivals of India. 2011 bank holidays always announce by the Reserve Bank of India and often these holidays can be declared by bank holidays calendar. The dates of closing bank vary from state to sate as festivals come in queue and so remember banking system is applied on the base of region of the state.
Indian Banking system offer some wonderful moments for you and you can take leaves from banks. You can go for family tour to spend few moment of their life on a beautiful and wonderful place. It can be possible when you are on leave. Bank holidays in USA are special holidays for different festivals, government holidays, national holidays and public events and during these holidays banks will be remained closed because this information is relevant and required for every customer. Banks will be closed and your transactions will be stopped. Therefore, every client should be aware about the expected dates, when all the transactions will remain closed and they can do their important work before holidays.
The primary focus of banks is to perform the best efforts to provide all types of facilities for customers. The critical problems between investors and borrowers can be solved easily and immediately with the help of modernized banking system. You should have ideas to various functions of banks so that you can utilize these facilities successfully. Therefore, all the functions of banking system are announced clearly so that public can use latest technology and system properly.
Surely, you will be surprised by getting special bank holidays and these holidays may be as personal holidays from bank. You can celebrate bank vacations with your family and friends and kids love it very much having nice accompany with parents. They can take pleasure a lot and enjoy every moment of your life preciously. Recently, banking system provide you updated information on various banking facilities so that you can use all the facilities of bank properly.
bank holidays in india are very popular for every employer during 2012 bank holidays. These bank holidays are declared by 2011 bank calendar so that you can get relaxation and relief.
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Posted: March 28th, 2012 by
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Bank holidays in India are almost the same as the Government holidays. Banks celebrate almost all the occasion that is normally celebrated throughout India. Hence bank holidays are almost the same as in the government list. Bank holidays in India are normally the holidays that are like shivratri, republic day or Christmas. It’s the same as the national holidays. bank holidays in India might only differ from the ones in government holidays in the way because Bank might work during holiday like Saturday or every second Saturday. And banks might work on local religious festivals. Banks are statutory bodies and autonomous in its own way. However there is not much difference between Indian govt holidays to bank holidays in India.
Scene of US Bank holidays:Bank holidays in USA are not different than that of the federal holidays because United States officially does not have any national holidays. All they have is federal holidays which are same as Bank holidays. Hence there is not much difference between Bank and public holidays in United States. Out of which Thanksgiving and Christmas are the two major holidays that they are given and Easter of course. In fact federal holidays are prepared by congress. Sunday is a holiday mostly for all the banks in Unites States. Interestingly if any holiday falls on Sunday then it is celebrated very next day as a holiday. Similarly if any holiday is on Saturday then it is celebrated next Friday as a holiday. Hence the design of holidays quite organised.
A comparison between Indian Bank holidays that of the US: Interestingly even in India same concept is applied. If any holiday falls on Sunday it is to be celebrated on Monday and if the holiday comes on Saturday then it is procrastinated to the next Friday. Bank holidays are quite organised in India too. But its mostly similar like the government holidays in India. Hence there is not much difference. Major bank holidays in India are Independence Day on 15th August, Good Friday, Vijaya Dashami or dussera and a few more regional based holidays.
Bank Holidays in Scotland:However bank holidays in scotland is quite different than those of in US or India. In Scotland, Banks have New Years Day which is 1st of January then Good Friday and queen’s diamond jubilee as bank holiday in Scotland. There is also a holiday for summer bank holiday and spring bank holiday. Surprisingly they celebrate Boxing Day as a holiday in Scotland. Then St. Andrews Day as another bank holiday. And of course Christmas is a definite bank holiday. Royal wedding is also a bank holiday in Scotland. Officially banks have got more number of holidays than any other sector in Scotland. But then it is almost same as that of the other sectors. May day is a bank holiday in Scotland just like India and US. Overall eleven days are declared as bank holidays in bank holiday calendar statutorily in Scotland.
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Posted: March 24th, 2012 by
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