Banks remain open across most of India on July 6, but branches are closed in Mizoram and West Bengal due to regional holidays. Here's the complete RBI bank holiday schedule for July 2026.
Several Indian banks, including HDFC Bank, Yes Bank, and AU Small Finance Bank, have increased interest rates on foreign currency deposits for Non-Resident Indians (NRIs) following the Reserve Bank of India's recent relaxation of FCNR(B) deposit regulations. The move is aimed at attracting greater foreign currency inflows amid ongoing pressure on the rupee and foreign exchange reserves.
