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Banks in Bihar to remain closed for 6 days in a row; ATMs likely to run out of cash

Starting March 22 banks in Bihar will be closed for business for six days in a row.


Banks in Bihar to remain closed for 6 days in a row; ATMs likely to run out of cash

Zee Media Bureau

New Delhi: Starting March 22 banks in Bihar will be closed for business for six days in a row.

The dates being –March 22 for Bihar Divash, March 22 and 23 for Holi, March 25 for Good Friday, March 26 for fourth Saturday (second and fourth Saturdays of a month are holidays for government-owned banks) and March 27 being Sunday.

-March 22 (Tuesday)- Bihar Divash

-March 23 and 24 (Wednesday-Thursday) -Holi

-March 25 (Friday) - Good Friday

-March 26 ( Saturday) - (Second and fourth Saturdays of a month are holidays)

-March 27 (Sunday)

Owing to this long closure, banking services will affect business transactions. While the banking activities will come to a halt, ATM holders will have to suffer the most since ATMs are expected to run out of cash.

Though almost all the banks have privatised cash loading in ATMs and so they have to plan stocking of cash carefully, owing to the long holidays, there could be problems of cash starvation.

From Zee News

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