On March 31, 2025, designated as a public holiday in India due to Eid-Ul-Fitr, banks across the country will remain open for essential transactions. The Reserve Bank of India (RBI) has mandated that agency banks handling government business must operate on this day. This decision aims to facilitate taxpayers and ensure smooth financial operations at … Read more
The Reserve Bank of India (RBI) has announced that banks in several major cities, including Mumbai, Delhi, Chennai, Bengaluru, Kolkata, and Hyderabad, will remain closed on February 26, 2025, in observance of Mahashivratri. This closure is part of the RBI’s official holiday schedule, which categorises holidays under the Negotiable Instruments Act, Real Time Gross Settlement … Read more
Many states will be observing a holiday for Krishna Janmashtami celebrations, which is on Monday, August 26. Banks across these states will also be closed to mark this auspicious occasion, which commemorates the birth of Lord Krishna. According to the annual bank holiday calendar published by the Reserve Bank of India (RBI), both public and … Read more
Every month, the Reserve Bank of India (RBI) issues a full list of bank holidays. On a regular basis, the banks are open on first and third Saturdays and are closed on second and fourth Saturdays. The month of June will see the fifth Saturday. As per RBI rules, banks will be open for business … Read more