The Reserve Bank of India (RBI) designates certain holidays under the Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays, and Banks' Closing of Accounts. As October, the festive season has approached,

On October 2, banks in India will be closed for Gandhi Jayanti, which honors Mahatma Gandhi’s birth. This holiday falls on a Wednesday in 2024.

Schools and colleges will remain closed on various occasions such as Gandhi Jayanti, Maha Navami, Dussehra, and Diwali. Get latest updates on school closures here.

As the nation commemorates Mahatma Gandhi’s birth anniversary today, October 2, all private and public sector banks across India will remain closed, marking Gandhi Jayanti as a national holiday.

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Gandhi Jayanti celebrated on October 2nd, marks the birth anniversary of Mahatma Gandhi. He is also known as the father of the nation. His message of non-violence and maintaining peace still inspires the people around the globe.

One of the central reasons for celebrating Gandhi Jayanti is to remember the enduring power of Ahimsa or non-violence. Gandhi's life was a testament to this principle.