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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IPL 2026 to be held between March 26-May 31 window
Mumbai (PTI): The upcoming edition of the Indian Premier League will be held between the March 26 to May 31 window but it remains to be seen if Bengaluru, the home of RCB, holds the opening match.
As per the norms, the M. Chinnaswamy Stadium should host the tournament opener given the home side, Royal Challengers Bengaluru won the IPL 2025 title.
While the venue has received conditional clearance from the Karnataka state government, it also needs to meet the necessary safety and security standards following the death of 11 fans in a stampede during RCB's victory celebrations in June this year.
The mini-auction for IPL 2026 will be held in Abu Dhabi today with three-time winners Kolkata Knight Riders coming in with the biggest purse.
