Orders to this effect were issued by general administration department on Wednesday.
A State Bank of India, SBI, branch displays a sign of bank holiday outside the bank. (Photo: Representational/PTI)
HYDERABAD: The Telangana government has declared April 2 (Monday) as a holiday under Negotiable Instruments Act for the purpose of annual closing of accounts for banks only. This decision was taken as April 1 will be falling on Sunday.
Orders to this effect were issued by general administration department on Wednesday.
In a letter dated March 13, General Manager (Personnel), RBI, Hyderabad has requested for April 2 to be declared as a holiday for the purpose of annual closing of accounts as April 1 falls on Sunday.
( Source : Deccan Chronicle. )
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