Maharashtra has declared January 15 a public holiday for municipal corporation elections, impacting bank operations. However, the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) will remain open for trading. While trading will continue, January 15 is designated as a settlement holiday, meaning T+0 and T+1 settlements will be processed on January 16. This affects the credit of shares or funds for investors, potentially causing a one-day delay.