Bank holiday today, July 10 -- Today is Guru Purnims, or Teacher's Day, but Thursday, July 10 is not a listed holiday this year, and banks will function as usual.

Notably, the second and fourth Saturdays and all Sundays are weekly holidays for all public and private banks across India, including the State Bank of India (SBI). Besides this, there are a total of seven listed bank holidays in July this year.

The RBI and state governments create a list of holidays for banks, taking into account national and local occasions, operational requirements, religious celebrations and other cultural observances. The central bank makes the announcement through its official website and notifications to banks and other financial institutions.

Bank hol...