New Delhi, Jan. 25 -- Banks will be closed for at least two days next week due to occasions like Republic Day, which is a national holiday. The Republic Day bank holiday has led to the confusion if banks across India will be closed on the day.

To answer the question, it must be said that banks across India will be closed on 26 January, Monday, on Republic Day. This is because Republic Day is a national holiday and banks are closed across the country on national holidays.

Bank holidays may differ from region to region depending on the festival or other important events. They are determined by the Reserve Bank of India, which shares the dates in the RBI bank holiday calendar.

On national holidays like Independence Day, Gandhi Jayanti and...