Highlights
The COVID-19 pandemic has already forced banks to cut short it's working hours and staff attendance to 50%.
The banks will also remain closed on the second and the fourth Saturdays in May and four Sundays.
The banks will also operate from 10 AM to 2 PM, as per the new guidelines.
All banks, be it private or public sector, will be closed for 12 days in May throughout the country, according to the Reserve Bank of India (RBI) holiday calendar list.
The COVID-19 pandemic has already forced banks to cut short it's working hours and staff attendance to 50%. These holidays have been notified by the Reserve Bank of India (RBI) under three brackets — the Negotiable Instruments Act, Holiday, Real Time Gross Settlement Holiday, and Banks’ Closing of Accounts.