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New Delhi: If you are planning a bank visit on April 1, do not be surprised if branches are shut. Across India, banks remain closed to customers on the first day of the financial year, not because of a festival or public holiday, but due to annual account closing. April 1 marks the beginning of the new financial year in India. However, for banks, it is reserved for closing accounts for the previous financial year (ending March 31) and preparing for a fresh accounting cycle. Why Banks Remain Cl ...Read More >
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