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Banks on 4-day holiday from Thursday; ATMs likely to run out of cash

[email protected] (Agencies)
March 21, 2016

New Delhi, Mar 21: The banking sector will have a long vacation, thanks to the co-inciding dates of the list of holidays. Starting March 24 banks will be closed for business for four days in a row in many parts of the country.

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The dates being –March 24 for Holi, March 25 for Good Friday, March 26 for fourth Saturday (second and fourth Saturdays of a month are holidays for government-owned banks) and March 27 being Sunday.

-March 24 (Thursday) - Holi

-March 25 (Friday) - Good Friday

-March 26 ( Saturday) - (Second and fourth Saturdays of a month are holidays)

-March 27 (Sunday)

Owing to this long closure, banking services will affect business transactions. While the banking activities will come to a halt, ATM holders will have to suffer the most since ATMs are expected to run out of cash.

Though almost all the banks have privatised cash loading in ATMs and so they have to plan stocking of cash carefully, owing to the long holidays, there could be problems of cash starvation.

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News Network
December 15,2025

Mangaluru police have arrested a 27-year-old NRI on his return from Saudi Arabia in connection with an Instagram post allegedly containing derogatory and provocative remarks about the Hindu religion, officials said on Monday.

The accused, Abdul Khader Nehad, a resident of Ulaibettu in Mangaluru, was working in Saudi Arabia when the post was uploaded, police said.

A suo motu case was registered at the Bajpe police station on October 11 after an allegedly offensive post circulated from the Instagram account ‘team_sdpi_2025’. Police said the content was flagged for being provocative and derogatory in nature.

During the investigation, technical analysis traced the Instagram post to Nehad, who was residing abroad at the time, a senior police officer said. Based on these findings, a Look Out Circular (LOC) was issued against him.

On December 14, Nehad arrived from Saudi Arabia at Calicut International Airport in Kerala, where he was taken into custody on arrival. Police said further investigation is underway.

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