New Delhi, Oct. 19 -- Banks will be closed for several days in the upcoming week starting from 20 October, as we approach the peak of the festive seasons. There will be bank holidays in several parts of India due to Diwali, Kali Puja, Diwali Amavasya, Govardhan Pooja, Balipadyami and Bhai Dooj among others.

Apart from festive holidays, there is an upcoming bank holiday on 25 October, as it is the fourth Saturday of the month.

Bank holidays are decided by the Reserve Bank of India, which publishes an annual calendar each year. Typical bank holidays fall on national holidays, festivals, and memorial days, apart from weekends. It must be noted that some bank holidays are region-specific, meaning that all branches across India are not close...