For these employees, when a holiday falls on a nonworkday -- Saturday or Sunday -- the holiday usually is observed on Monday (if the holiday falls on Sunday) or Friday (if the holiday falls on Saturday). To see holidays for a specific year, please select the tab labeled with your year of interest.
The General Insurance Corporation of India (GIC) was formed in pursuance of Section 9(1) of GIBNA. It was incorporated on 22 November 1972 under the Companies Act, 1956 as a private company limited by shares. GIC was formed to control and operate the business of general insurance in India.
Confidence votes 71.9K. Reserve Bank of India was established on 1 st April 1935 through the Reserve Bank of India Act, 1934, when the British Ruled India. It is the central bank of India that governs the operations of all banks in the country.It was created to help reduce the economic troubles in India after the first world war.mperial Bank of India Reserve Bank of India was established on 1st April 1935 through the Reserve Bank of India Act, 1934, when the British Ruled India.