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Apart from this, certain holidays which are celebrated nationally are declared centrally by the Union Government. Additionally, various state governments and union territories designate additional holidays on local festivals or days of importance as holidays as per section 25 of the Negotiable Instruments Act, 1881.
On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
Maharashtra Day, commonly known as Maharashtra Din is a state holiday [1] ... This page was last edited on 16 November 2024, at 10:00 (UTC).
Each bank can set its own schedule, but most adhere to the federal holiday calendar observed by the U.S. Federal Reserve, which outlines the 10 federal holidays that are also banking holidays ...
HDFC held 26.14% of shares in HDFC Bank. HDFC Bank sources home loans for HDFC for a fee. [22] The key business areas of HDFC Bank were wholesale and retail banking and treasury operations. As of April 2023, its market capitalisation was ₹ 941,386 crore (US$110 billion), making it India's third largest publicly traded company. [23]
The state government declared 27 and 28 July as public holidays. ATM networks of several banks, which included the State Bank of India, the nation's largest national bank; ICICI Bank, HDFC Bank, and several foreign banks like Citibank and HSBC, stopped functioning from the afternoon of 26 July 2005 at all the centres of Mumbai. ATM transactions ...
From Veterans Day to Christmas, here are the dates of the 2024 federal holidays. New Year’s Day: Monday, January 1 Birthday of Martin Luther King, Jr.: Monday, January 15
This is a list of banks which are considered to be Scheduled Banks under the second schedule of RBI Act, 1934. [1] [2]At end-March 2024, India’s commercial banking sector consisted of 12 public sector banks (PSBs), 21 private sector banks (PVBs), 45 foreign banks (FBs), 12 SFBs, six PBs, 43 RRBs, and two LABs.