Tue Oct 29 08:32:45 UTC 2024: ## Diwali 2024 Confusion: 31st October or 1st November? RBI Announces Bank Holidays

Diwali, the festival of lights, is just around the corner, but this year, there’s confusion surrounding the exact date of celebration. While some sources suggest 31st October, others maintain that Diwali will be celebrated on 1st November. To resolve the ambiguity, the Akhil Bharatiya Vidvat Parishad at the Central Sanskrit University in Jaipur has declared that Diwali will be celebrated on **31st October** based on their consensus.

Adding to the confusion, the Reserve Bank of India (RBI) has declared both **31st October and 1st November** as bank holidays for Diwali. However, these holidays vary across different states and detailed information is available on the RBI website.

**Here’s a breakdown of the bank holidays:**

**On 31st October:** Banks will remain closed in Ahmedabad, Aizawl, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Guwahati, Hyderabad (Telangana), Itanagar, Jaipur, Kanpur, Kochi, Kohima, Kolkata, Lucknow, New Delhi, Patna, Panaji, Raipur, Ranchi, Shimla and Thiruvananthapuram.

**On 1st November:** Banks in Agartala, Belapur, Bengaluru, Dehradun, Gangtok, Imphal, Jammu, Mumbai, Nagpur, Shillong and Srinagar will be closed.

Furthermore, the month of November will witness a total of **13 bank holidays**, including the second and fourth Saturdays, along with Sundays.

While the exact date of Diwali remains a point of discussion, the RBI bank holiday announcement provides a crucial timeline for financial planning during the festive season.

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