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Indian Banks to Close for Holidays Next Week

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Banks in India will close for four days next week. The days are for two festivals. One is Eid-e-Milad. The other is Raksha Bandhan. Raksha Bandhan is a festival for brothers and sisters.

The RBI makes the list of bank holidays. RBI means Reserve Bank of India. It is India's main bank. It tells other banks when to close.

Banks will not be open on these days. People cannot do bank work. This is called a bank holiday. Workers say people should finish bank work on Monday.

In one state, banks will close for three days. This is more than in other states. The exact state name is not given here.

People should check RBI's list. It shows which days banks are closed. It also shows which state has the holiday. Always check before you go to the bank.

Vocabulary5 words

RBI
the main bank of India; it makes rules for other banks
bank holiday
a day when banks do not open
festival
a special day when people celebrate
branch
one office of a bank
state
a part of a country with its own government

Quiz

1. Why will banks close next week?
2. What is RBI?
3. How many days will one state's banks stay closed?

Fill-in-the-blank listening

Play the audio again and fill in the missing words as you listen.

Banks in India will close for _____ days next week.

The days are for two _____.

One is Eid-e-Milad. The other is _____ Bandhan.

The RBI makes the list of bank _____.

RBI means _____ Bank of India.

It tells other banks when to _____.

Workers say people should finish bank work on _____.

In one state, banks will close for _____ days.

People should check RBI's _____.

Always check before you go to the _____.

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