
Bank Holidays in June 2025: A complete state-wise list; check here
List of bank holidays in June 2025: Bank holidays in India are determined by regulations set forth by the Reserve Bank of India (RBI), which adhere to the Negotiable Instruments Act, RTGS holidays, and several regional and national celebrations.
According to the RBI's calendar for the fiscal year 2025, a total of 12 bank holidays have been designated for June 2025. These holidays will include the mandatory weekly days off on the second and fourth Saturdays and Sundays, and notable festivals such as Bakrid, Rath Yatra, and Saint Kabir Jayanti.
Customers need to note that despite these holidays, online banking services will continue to operate smoothly. This means that users can still engage in net banking, mobile banking, and UPI transactions without interruption.
Source: RBI Holiday Calendar 2025
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


NDTV
15 minutes ago
- NDTV
How Much Will Home Loan EMI Drop After RBI's Repo Rate Cut
New Delhi: If you have a home loan, your EMI is set to reduce by over Rs 1,500 a month thanks to the Reserve Bank of India's latest move. With the central bank cutting the repo rate by 50 basis points -- from 6 per cent to 5.5 per cent -- banks are expected to lower interest rates on loans. For a Rs 50 lakh home loan over 20 years, this could mean monthly savings of Rs 1,569 and annual savings of nearly Rs 19,000, offering much-needed relief to borrowers amid high living costs. The repo rate is the interest rate at which the RBI lends money to commercial banks. A reduction in this rate makes borrowing cheaper for banks, which in turn allows them to offer loans to customers at lower interest rates. This directly impacts borrowers, especially those with home loans linked to repo-based lending rates (RBLR). Let's break this down with a practical example. Suppose you have a home loan of Rs 50 lakh at an interest rate of 8.5 per cent for a tenure of 20 years. Your monthly EMI in this case would be around Rs 43,391. Now, after the 50 basis points cut in the repo rate, if the bank reduces your interest rate to 8 per cent, your new EMI would come down to approximately Rs 41,822. Gaurav Gupta, Secretary of CREDAI (Confederation of Real Estate Developers' Associations of India), welcomed the RBI's monetary decision, saying that the rate cut will help reduce borrowing costs for home buyers. Beyond just lowering monthly payments, it will improve housing affordability across the country. He further added that a drop in interest rates not only benefits individual buyers but also boosts overall sentiment in the real estate sector, which positively impacts multiple industries connected to it. Importantly, it's not just home loans that will get cheaper -- personal loans, auto loans, and other types of retail borrowing will also see reduced EMIs as a result of lower interest rates. (Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Mint
40 minutes ago
- Mint
Sebi retracts words ‘board note' from IndusInd Bank order, says it was ‘engagement note'
Mumbai: Markets regulator Securities and Exchange Board of India (Sebi) on Friday issued a corrigendum to its 28 May order in the alleged insider trading case involving IndusInd Bank, clarifying that the words 'board note' should be read as an 'engagement note signed by the chief financial officer and noticee numbers one and two.' 'Noticee numbers one and two' are former deputy chief executive Arun Khurana and former chief executive officer (CEO) Sumant Kathpalia. On 28 May, Sebi cracked the whip on former top executives of the bank for alleged insider trading. It barred former managing director and CEO Kathpalia, along with four other senior executives from the market and impounded gains of ₹19.78 crore, alleging they sold shares while in possession of unpublished price-sensitive information (UPSI). A week before the order, IndusInd Bank chairman Sunil Mehta said the board was not informed of the derivatives discrepancies and that it took swift measures when it came to know. However, Sebi had said in its 28 May order that the bank had hired KPMG as early as on 29 January 2024 through a 'board note', to review the discrepancies revealed by an internal team, implying that the board was aware before the issue came to light on 10 March. On Friday, Sebi replaced the words board note with the term engagement note, thus distancing the board from the decision to hire KPMG in 2024. What RBI said Meanwhile, the Reserve Bank of India (RBI) on Friday said IndusInd Bank has taken sufficient steps to improve its accounting practices, with governor Sanjay Malhotra noting that the bank is doing well overall. The remarks signalled regulatory comfort with the lender's actions so far, and pushed its shares up over 5%. The RBI's comments come nearly three months after IndusInd Bank disclosed issues in its derivatives book, which triggered a 27% crash in its shares. Since then, the bank has seen the exit of top executives and faced scrutiny from both the central bank and Sebi. 'The MD and CEO has resigned and it says for taking moral responsibility. So, I thought that should be good enough,' Malhotra said at the post-policy conference.


Time of India
an hour ago
- Time of India
Angul woman loses Rs 2.49L in fake distributorship scam
1 2 3 Bhubaneswar: A 45-year-old homemaker from Angul district fell victim to an elaborate online fraud, losing Rs 2.49 lakh to scammers who promised her a lucrative distributorship deal. The victim, Ranjana Batsya, who runs a small-scale home-based business making shampoo and face wash, filed a complaint at the Angul cyber police station on Thursday. According to the FIR, the fraud began on April 4 when Batsya received a call from a person identifying himself as Vansh, claiming to represent a trading platform. Subsequently, another fraudster, posing as Kishore Pattak, the company's head of department, contacted her with fake distributorship documents to establish credibility. The scammers initially convinced Batsya to pay Rs 5,999. They then systematically extracted more money under various pretexts, including merchant link setup, GST charges, website fees and virtual account creation. To further gain her trust, they even introduced a fictitious customer named Asha. Between April 8 and May 20, Batsya made multiple payments through credit card and UPI transactions, amounting to Rs 2.49 lakh. When she sought clarification about the delays, the accused became evasive and eventually stopped responding. Cyber crime police have registered a case under relevant sections of the BNS and IT Act. Investigation is underway. Get the latest lifestyle updates on Times of India, along with Eid wishes , messages , and quotes !