Banks to remain open in September first week : Finance Ministry
New Delhi, Aug 31 : The Finance Ministry on Friday took notice of a rumour on social media about closure of banks for six days in the first week of September and clarified that the banks and banking activity will continue unimpeded in the week.
"It has come to notice that a rumour is circulating in several sections of the social media that banks will be closed for 6 days in the first week of September 2018, causing undue panic among the general public," the Ministry said in a statement.
"It is hereby clarified that banks will remain open and banking activity will continue unimpeded in the first week of September," it said.
The Ministry said banks will remain open during the week, observing holidays only on Sunday, September 2, and second Saturday, September 8.
Monday, September 3, is not a pan India holiday and banks only in some states where a holiday is declared under the Negotiable Instruments Act, 1881, will remain closed, it said.
"Even on those days, ATMs in all states will be fully functional and there will be no impact on online banking transactions. Banks have been advised to ensure that sufficient cash is available for dispensation from ATMs. Banks will remain open on all other days," it added.
The rumour on social media, particularly a WhatsApp message that went viral on Thursday, even prompted some mainstream media to report accordingly. However, the IANS report on Thursday stated exactly what the Ministry said on Friday.
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Vijay''s TVK wins an impressive 108 seats in TN polls
Chennai (PTI): Vijay-led TVK secured an impressive 108 seats trouncing the incumbent DMK led by M K Stalin which finished with only 59 seats in the Tamil Nadu Assembly elections held on April 23, as per the final tally of the ECI on Tuesday.
The opposition AIADMK won 47 seats while its allies the PMK obtained 4 and the BJP and AMMK clinched one seat each respectively in the election, according to the data available on the Election commission of India's website.
The DMK's allies - the Congress managed to win 5 seats, the IUML, CPI, CPI (M), and VCK: 2 each and DMDK secured one seat, among a total of 234 Assembly constituencies in the state.
The votes were taken up for counting on May 4 and the final tally was announced on Tuesday.
Actor-politician Vijay's Tamilaga Vettri Kazhagam on Monday created a record of sorts in the electoral history of Tamil Nadu and emerged as the single largest party by delivering a shock defeat to DMK and its president Stalin in his Kolathur constituency, while the AIADMK was pushed to a distant third spot.
Vijay won from both Perambur and Tiruchirappalli East constituencies.
The TVK has clocked nearly 35 per cent (34.92) vote share in its debut polls.
This will be the first time in Tamil Nadu that a party will assume power a little over two years after its founding in February 2024.
