&w=3840&q=100)
Bank holidays in August 2025: Banks closed for 15 days, check complete list
New Delhi
In August 2025, banks will be closed on several days throughout India due to public holidays, regional festivals, and normal weekend breaks. The Reserve Bank of India (RBI) has listed all of the August 2025 bank holidays below.
Depending on the state and regional calendar, banks will be closed for 15 days in India. Customers can still use online banking services like UPI, net-banking, smartphone apps, and ATMs as usual, even if bank branches will remain closed on certain days.
List of bank holidays in August 2025
The Reserve Bank of India (RBI) calendar states that banks will observe three types of holidays: the Real Time Gross Settlement Holiday, the Banks' Closing of Accounts Holiday, and the Holiday under the Negotiable Instruments Act.
In some states, there may be additional regional holidays like Teej, Hartalika, and Onam that are centred on regional celebrations. In August 2025, the following closures were noteworthy:
• August 1 – Bank Holiday (Varies by state)
• August 9 – Second Saturday
• August 15 – Independence Day / Parsi New Year (Mumbai, Nagpur)
• August 16 – Zonal Holiday in some Northeastern states
• August 23 – Fourth Saturday
List of Bank Holidays in August 2025: State-wise
• 3 August 2025 (Sunday)- Pan India
• 8 August 2025 (Tendong Lho Rum Faat)- Gangtok
• 9 August 2025 (Raksha Bandhan/Jhulana Purnima/Second Saturday)- Pan India
• 10 August 2025 (Sunday)- All States
• 13 August 2025 (Patriots' Day)- Imphal
• 15 August 2025 (Independence Day/Parsi New Year (Shahenshahi)/Janmashtami)- Pan India
• 16 August 2025 (Janmashtami)- Ahmedabad, Chennai, Dehradun, Gangtok, Hyderabad, Aizawl, Bhopal, Chandigarh, Jaipur, Jammu, Kanpur, Lucknow, Patna, Raipur, Ranchi, Shillong, Srinagar, Vijaywada
• 17 August 2025 (Sunday)- Pan India
• 19 August 2025 (Birthday of Maharaja Bir Bikram Kishore Manikya Bahadur)- Agartala
• 23 August 2025 (Fourth Saturday)- Pan India
• 24 August 2025 (Sunday)- Pan India
• 25 August 2025 (Tirubhav Tithi of Srimanta Sankardeva)- Guwahati
• 27 August 2025 (Ganesh Chaturthi)- Ahmedabad, Belapur, Hyderabad, Mumbai, Nagpur, Bengaluru, Bhubaneswar, Chennai, Panaji, Vijayawada
• 28 August 2025 (Ganesh Chaturthi (2nd Day)/Nuakhai)- Bhubaneswar, Panaji.
Will banks be closed on Raksha Bandhan 2025 nationwide?
Yes, but only in those states that have formally recognised the festival. In August 2025, banks in a few northern states are expected to stay closed on Friday, August 8, which is Raksha Bandhan.
Many national holidays, like as Teej and Janmashtami, are region-specific, but others, like Independence Day, are celebrated nationwide. For instance, on Raksha Bandhan, banks in Rajasthan, Madhya Pradesh, and Uttar Pradesh would be closed, but not in the southern states.
How to plan banking services during bank holidays?
There may be extended weekends in August because of the numerous second and fourth Saturdays, as well as the joyous holidays. It is best to:
• Finalise significant deals beforehand.
• Avoid caution of cheques around holidays.
• Make sure that digital payments are configured.
• For urgent requirements, use online methods or ATMs.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
42 minutes ago
- Time of India
IndianOil says it used cooking oil to produce sustainable aviation fuel
New Delhi: Cooking oil is often discarded after being used for frying at home or in restaurants. However, a refinery of IndianOil has now won a certification to use the same oil to produce sustainable aviation fuel (SAF), the company chairman Arvinder Singh Sahney said. Independence Day 2025 Modi signals new push for tech independence with local chips Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency SAF is an alternative fuel made from non-petroleum feedstocks that reduces emissions from air transportation. It can be blended up to 50 per cent in conventional aviation turbine fuel (ATF or jet fuel), depending on availability. India has mandated 1 per cent SAF blending in jet fuel sold to international airlines from 2027. IndianOil's Panipat refinery in Haryana has won the International Civil Aviation Organization's (ICAO) ISCC CORSIA certification (International Sustainability and Carbon Certification - ISCC - developed under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to produce SAF from used cooking oil , he said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like They look and feel like real teeth but look at the price! Dental Implants | Search Ads Search Now Undo "We are the only company in the country to get this certification," he said. "The refinery will start producing some 35,000 tonnes per annum of SAF from the end of the calendar year." Live Events The production will be enough to meet the mandated 1 per cent blending requirement for the country in 2027, he added. Explaining the process, agencies will collect used cooking oil from large users, such as hotel chains, restaurants, and snacks and sweets producing companies like Haldiram, and supply it to Panipat refinery. Panipat refinery will use this oil to produce SAF, he said. Large hotels and restaurant chains normally discard cooking oil after one use. At present, this used cooking oil is collected by agencies and exported. "There is a large amount of such oil available in the country. The only challenge is collection. While it is easy to collect from large hotel chains, a solution needs to be found for collection from small users, including households," he said. Parallely, the company has also set up a Rs 5,000 crore plant at its Koyali refinery in Gujarat to produce Butyl Acrylate (BA), which is used in making paints. The 1,50,000 tonnes per annum Butyl Acrylate plant, only second in India after BPCL's unit at Kochi refinery, will help end 3,20,000 tonnes of annual paint feedstock that the country currently imports, Sahney noted. State-owned Indian Oil Corporation (IOC) has been at the forefront of innovations, particularly in the areas of green energy, sustainable solutions, and technological advancements. The firm is working on renewable energy sources, like 2G ethanol, fuel cells, bio-diesel, and energy storage devices. "The paint industry is growing at a CAGR of 13-14 per cent, and the bulk of the raw material they use is imported. In July, we commissioned the BA unit at Koyali refinery, which will eliminate the need to import, saving foreign exchange for the country," he said. Together with the Kochi plant, the new unit can substitute as much as 80-90 per cent of imports, he said. On green hydrogen, Sahney said the company awarded a tender for the country's largest green hydrogen plant to L&T. "The 10,000 tonnes a year green hydrogen unit at the Panipat refinery will be ready in 27 months," he said. Green hydrogen, produced from splitting water using renewable energy, is a clean energy source that only emits water vapour and leaves no residue in the air, unlike coal and oil. It can be used in industries and automobiles as fuel, but the prohibitive production cost has been a stumbling block. India has relatively cheaper renewable energy (electricity produced from sunlight and wind), which has helped keep green hydrogen production cost at less than USD 4 per kg, the chairman said, adding that IndianOil will use the fuel in its Panipat refinery. Refineries, currently, use grey hydrogen - hydrogen produced from fossil fuels - in hydrocracking units to produce fuels like petrol and jet fuels. "IndianOil remains agile and nimble in product innovation and meeting fast-changing energy dynamics," Sahney said. "A lot of other innovations are in the works, which will be unveiled when they mature." Explaining the SAF certification process, he said, "SAF produced at IOC's Panipat refinery has undergone rigorous assessment for lifecycle carbon emissions and traceability, creating a clear pathway for Indian airlines to integrate certified SAF into their operations". Certifications like ISCC CORSIA ensure the fuel meets environmental and social standards. The certification also sets a benchmark for other domestic refiners and industry players to scale up SAF production , in line with the government's vision of achieving net-zero emissions by 2070. With this recognition, IOC has once again reaffirmed its role as a trailblazer in India's energy transition, bringing India closer to a greener and cleaner aviation future. India plans to mandate blending of SAF with conventional ATF in a staged manner. One per cent SAF blending in ATF sold to all international flights is to start from 2017 and increase to 2 per cent in the following year. SpiceJet had flown a test flight, using a blend of 75 per cent regular ATF and 25 per cent biofuel in August 2018. Subsequently, IndiGo did a demonstration flight using a 10 per cent SAF blend on an international flight in February 2022. While CORSIA is a key part of the International Civil Aviation Organization's (ICAO) strategy to achieve carbon-neutral growth for international flights going ahead, Cotecna is a leading provider of testing, inspection and certification services.
Time of India
42 minutes ago
- Time of India
Tilaknagar Industries to complete Imperial Blue acquisition by Dec ‘25, awaits CCI nod
Brandy giant Tilaknagar Industries is all set to acquire Imperial Blue which is expected to be completed by December this year as the company awaits regulatory approval from Competition Commission of India (CCI). Independence Day 2025 Modi signals new push for tech independence with local chips Before Trump, British used tariffs to kill Indian textile Bank of Azad Hind: When Netaji Subhas Chandra Bose gave India its own currency 'Our acquisition of the Imperial Blue business division from Pernod Ricard India is subject to CCI approval, which we expect to receive by (the) end of calendar year 2025,' Amit Dahanukar, Chairman & Managing Director, Tilaknagar Industries, said. The company will enter into a Transition Manufacturing and Services Agreement (TSMA) with PRI to ensure a smooth transition. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gold Is Surging in 2025 — Smart Traders Are Already In IC Markets Learn More Undo Tilaknagar Ind. signed an agreement to acquire the whiskey brand Imperial Blue for about Rs 4,150 crore from Pernord Richard. "With the acquisition, the company will become one of the leading players in brandy and whiskey, the two largest IMFL categories. Imperial Blue shall serve as a base for the company's premium portfolio strategy. This acquisition would also strengthen the distribution network of the company," Tilaknagar Industries said in a statement earlier. Live Events The company has signed definitive agreements for the acquisition of Imperial Blue division of France's Pernod Ricard, marking the largest transaction in the Indian alcoholic beverage space by an Indian company. The transaction includes normalized working capital of Rs 700 cr and deferred consideration of Rs 282 cr to be paid after 4 years from the transaction closing date, i.e., in FY30. Tilaknagar Industries intends to finance the deal with a mix of equity and debt. On July 29, the company announced that it will raise Rs 2,296 crore through preferential issue of securities to fund acquisition of Imperial Blue business division and general corporate purpose. 'This equity issue, along with the proposed debt fundraise, will ensure an optimal financing mix for the acquisition of IB,' Tilaknagar Industries said in a statement. UK-India FTA is expected to be a major tailwind leading to potentially expanded EBITDA margins for the Imperial Blue business division, the company said. The deal covers trademarks of Imperial Blue and related assets that also include ' Imperial Black ' and 'Imperial Red' brands globally. The company will enter into a trademark license agreement for the use of 'Seagram's' in connection with Imperial Blue for a short transition period. Tilaknagar Industries will also sign a long-term supply agreement with Chivas Brothers for CAB (Concentrated Alcoholic Beverage), an essential raw material for manufacturing IB products, as mentioned in the company's investor presentation. 'Procurement arrangement can be extended with mutual discussions between the parties, ensuring no disruption in business,' it added. To meet the growing capacity requirements, Tilaknagar Ind. recently announced a six-fold capacity addition in its bottling unit - Prag Distillery in Andhra Pradesh. The company is set to invest Rs 59 crore to increase the capacity from 6 lakh to 36 lakh cases annually. 'We would also like to announce that the Board has approved investment of INR 59 crore, including the license fees and interest payments of around INR 34 crore for expansion at Prag Distillery, increasing the capacity from 6 lakh to 36 lakh cases p.a.,' the chairman said in a statement. This expansion enables us to safeguard supply in one of the fastest growing IMFL markets in India, the company said. The Board of Directors approved an additional capital expenditure of Rs 25 crores for the above expansion of its existing bottling capacity. Tilaknagar Industries has a strong portfolio across multiple India Made Foreign Liquor (IMFL) categories with two 'Millionaire' brandy brands - Mansion House and Courrier Napoleon. Along with this, the company has a strong presence in whisky, rum, and gin through Mansion House Whisky, Madiraa Rum and Blue Lagoon Gin. Recently, it also expanded into the luxury segment with Monarch Legacy Edition Brandy.
Mint
an hour ago
- Mint
SBI raises home loan interest rates: Here's what HDFC Bank, PNB, ICICI Bank and others levy
SBI home loan: India's biggest lender, State Bank of India, has revised its interest rates for home loans and home-related loans effective 1 August 2025. This rate revision comes after the Reserve Bank of India (RBI) decided to keep its key benchmark interest rates (repo rates) unchanged at 5.55% in the August 2025 Monetary Policy announcement. The interest rate for a regular home loan (term loan) currently stands at 7.50% to 8.70%, according to revised data. SBI has raised the upper interest rate band by 25 basis points to 8.70%, compared to 8.45% earlier, according to a report by the Economic Times. However, the lower limit of the home loan rates has remained unchanged. As SBI hikes interest rates, let's take a look at what other banks offer — HDFC Bank offers home loans at interest rates starting from 7.90% p.a. This rate applies to home loans, balance transfer loans, house renovation loans, and home extension loans. ICICI Bank promises its customers home loans at fixed and floating interest rates for an amount ₹ 5 crore, starting at 7.70%. The bank offers home loans to customers with different interest rates for salaried and self-employed individuals. The standard home loan interest rates currently stands at 8.75%-9.40% for salaried individuals up to a loan of ₹ 35 lakh and 8.75%-9.55% for self-employed individuals. For home loans in the range of ₹ 35 lakhs to ₹ 75 lakhs, interest rates are levied in the range of 8.75%-9.55% for salaried and 8.75%-9.70% for self-employed customers. Home loans over ₹ 75 lakhs incur an interest rate ranging from 8.75% to 9.65%, 8.75% to 9.80% for salaried and self-employed, respectively. The current home loan interest rate at Kotak Mahindra Bank starts at 7.99% per annum. For existing customers switching from a floating rate to a fixed rate, the interest will be 12% per annum. Bank Baroda offers home loans at interest rates ranging from 7.45% to 9.20% for both salaried and non-salaried individuals. Notably, the interest rate will depend on loan limit and the CIBIL score of the applicants. Additionally, a risk premium of 0.05% will be levied for customers who do not obtain credit insurance cover. The bank levies an interest rate on home loans starting at 7.45%. PNB offers home loans at varying interest rates based on the loan amount, CIBIL score and tenure. Canara Bank provides home loans at an interest rate in the range of 7.40% to 10.25 %. Any increase in the home loan interest rate will raise the borrowing costs for those taking a term loan at the higher interest rates. Based on the customer's credit profile or credit score, a higher interest rate would mean a slightly increased EMI. This increase will also impact the repayment burden by raising the interest amount.
