In March 2022, all banks will be closed for only eight days, including Mahashivratri, Holi, four Sundays, and the second and fourth Saturdays. Each state will have its own set of public holidays accordingly.
Customers are urged to organise their banking-related activities as per the bank holidays. March 2022 Bank Holidays § March 01, 2022 – Tuesday, Mahashivratri § March 06, 2022 – Sunday § March 12, 2022 – 2nd Saturday § March 13, 2022 – Sunday § March 18, 2022 – Holi § March 20, 2022 – Sunday § March 26, 2022 – 4th Saturday § March 27, 2022 – Sunday Guidance for Customers. Please keep in mind that the central government holidays apply to all banks, both public and private.
Though the holiday dates in March differ from one bank to the other, there may also be other state-specific bank holidays in March. Customers are urged to visit their particular bank branches to find out the specific dates of state holidays. Please keep in mind that banks are closed every second and fourth Saturday of every month.
Telangana appears to be financially stable
Despite a drop in revenue over the last two years as an outcome of the coronavirus and a lack of assistance from the Centre, Telangana appears to be financially stable.
With a better growth rate and per capita income than many larger states, India’s youngest state has risen to become the fourth greatest contributor to national GDP in less than eight years, claiming to be a model for the entire country in terms of welfare and development.
ALSO READ: Governor Inaugurates Oxygen Plant at Durgabai Deshmukh Hospital
According to budget estimates for 2020-21, Telangana’s predicted outstanding public debt will be more than Rs 2.86 lakh crore. However, economists believe the state can manage its debts.
According to a study paper released last month by the Reserve Bank of India (RBI), Telangana’s debt-to-GDP ratio is the lowest in the country, indicating the fiscal health of the state.
(This story has been sourced from a third-party syndicated feed, agencies. Raavi Media accepts no responsibility or liability for the dependability, trustworthiness, reliability, and data of the text. Raavi Media management/ythisnews.com reserves the sole right to alter, delete or remove (without notice) the content at its absolute discretion for any reason whatsoever.)
