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Banks To Remain Closed For Three Consecutive Days: Here's What You Need To Know
Banks To Remain Closed For Three Consecutive Days: Here's What You Need To Know

NDTV

time29-04-2025

  • Business
  • NDTV

Banks To Remain Closed For Three Consecutive Days: Here's What You Need To Know

Quick Take Summary is AI generated, newsroom reviewed. Banks in India will close for three days from April 29 to May 1, 2025. Closures are due to multiple regional holidays and celebrations. Shimla banks will close on April 29 for Bhagvan Shri Parshuram Jayanti. Banks across India will be closed for three consecutive days from April 29 to May 1, 2025, due to regional holidays and festivals. The closures are attributed to various celebrations, including Parshuram Jayanti, Basava Jayanti, Akshaya Tritiya, Maharashtra Day, and International Labour Day. On April 29, banks in Shimla will be closed to observe Bhagvan Shri Parshuram Jayanti, marking the birth anniversary of Lord Parshuram. The next day, April 30, banks in Bengaluru will remain closed to mark Basava Jayanti and Akshaya Tritiya, with the latter being an auspicious day for new investments and purchases. On May 1, banks in major cities like Bengaluru, Mumbai, Kolkata, and Patna will be closed to commemorate Maharashtra Day and International Labour Day. Maharashtra Day celebrates the state's formation in 1960, while Labour Day honors workers' contributions and advocates for their rights. Although physical bank branches will be closed, digital services like net banking, mobile banking, and ATMs will continue to operate. Customers are advised to plan their banking activities accordingly and utilize alternative services during this period. Additionally, banks will be closed on the second and fourth Saturdays of every month, along with all Sundays. For a detailed list of holidays applicable in their region, customers can visit the Reserve Bank of India's official website or check with their respective banks. It's essential to stay informed and plan to minimize disruptions to banking services.

Are banks open or closed today, April 29? Check details
Are banks open or closed today, April 29? Check details

Hindustan Times

time29-04-2025

  • Business
  • Hindustan Times

Are banks open or closed today, April 29? Check details

Banks in some states will remain closed for the next three days. This is on the account of Bhagvan Shri Parshuram Jayanti, Basava Jayanti, Akshaya Tritya, Maharashtra Day and Labour Day. Bank holidays will not be consistent across all states, and customers can check the official website to see the status of banks in their state. On the occasion of Bhagvan Shri Parshuram Jayanti, banks in Shimla will remain closed, meanwhile, banks in other cities and states will remain open. Also read: Banks to remain closed for three days from April 29 to May 1: Here's a list of holidays Believed to be the sixth incarnation of Vishnu, Lord Parshuram is often depicted wielding an axe, from which he derives his name. He was born during the time when Earth was plagued by corruption and is believed to be sent to restore peace on Earth. On this day, people take ceremonial baths, wear traditional attire and observe fasting throughout the day. Lord Vishnu is also worshipped and offered fruits and sweets. Shimla is associated with lord Parshuram as Renuka Lake in Sirmaur district is named after Mata Renuka, his mother. There is also a Parshuram Tal (pond) based on the belief that Parshuram wanted to spend eternity at his mother's feet. Moreover, every year the Renuka fair is held in November, celebrating the values of lord Parshuram's mother. On the occasion of Parshuram Jayanti, Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu conveyed his heartfelt wishes to the people. Taking to social media, he tweeted, 'May Lord Parshuram, the symbol of penance, knowledge, valour, and wisdom, bless your life with happiness and prosperity.' The Reserve Bank of India (RBI) divides holidays into two categories: under the Negotiable Instruments Act and Banks' Closing of Accounts. This holiday is under the Negotiable Instruments Act, which regulates notes, bills of exchange, and cheques in India. Additionally, banks are closed on the second and fourth Saturdays of every month.

Banks to remain closed for three days from April 29 to May 1: Here's a list of holidays
Banks to remain closed for three days from April 29 to May 1: Here's a list of holidays

Hindustan Times

time28-04-2025

  • Business
  • Hindustan Times

Banks to remain closed for three days from April 29 to May 1: Here's a list of holidays

Banks in India will remain closed for three consecutive days from April 29 to May 1. This will be on the occasion of Bhagvan Shri Parshuram Jayanti, Basava Jayanti, Akshaya Tritya, Maharashtra Day and Labour Day. These holidays differ from state to state. Customers can look for the bank holidays in their states on the official website. According to the RBI website, banks in Shimla will remain closed on April 29 on the account of Bhagvan Shri Parshuram Jayanti. Marking the birth of Lord Parshuram, the sixth incarnation of Lord Vishnu. On this day, people observe a fast and offer prayers to lord Vishnu. April 30 will be celebrated as Basava Jayanti and Akshaya Tritya, due to which banks will remain closed. Banks specifically in Bengaluru are to remain closed. Basava Jayanti commemorates the birth of the renowned 12th-century philosopher and social reformer Basavanna. Basava Jayanti is primarily celebrated in Karnataka, where he had the most significant influence. On this occasion people embrace Basavanna's teachings including gender equality, social reforms and eradication of social discrimination. Meanwhile, Akshay Tritya is associated with prosperity and good fortune. It is associated with the belief that investments made on this day will lead to success and financial stability. Banks in most states, including Bengaluru, Kolkata, Mumbai, and Patna, will remain closed on the account of Maharashtra Day. This day is also marked as May Day or Labour Day. Maharashtra Day marks the day when Gujarat and Maharashtra were carved out of the Bombay state after protests by Marathi-speaking people. International Labour Day is celebrated across the world to ensure worker rights and protect them from exploitation. Besides the bank holidays listed across India, banks also also closed on the second and fourth Saturdays of every month. Customers can still access their accounts via net banking and mobile banking, and ATMs will remain open.

Bank Holidays 2025: Banks Set To Close For Three Days From Tomorrow, April 29 To May 01, Check State-Wise List
Bank Holidays 2025: Banks Set To Close For Three Days From Tomorrow, April 29 To May 01, Check State-Wise List

News18

time28-04-2025

  • Business
  • News18

Bank Holidays 2025: Banks Set To Close For Three Days From Tomorrow, April 29 To May 01, Check State-Wise List

Last Updated: Banks will close from April 29 to May 1, 2025, for Parshuram Jayanti, Akshaya Tritiya, and Labour Day. Stock markets in Mumbai will close on May 1. Bank Holidays 2025: Banks are set to be closed for continuous three-days from tomorrow April 29 to May 01. However, these holidays will vary state-to-state depending on RBI's holiday under negotiable instruments act. There are three public holidays including Parshuram Jayanti, Akshaya Tritiya and Maharashtra Day. Some states may observe these public holidays, while in other states, functionary will work as usual. Bank Holiday On April 29 There's a public holiday on the occasion of Bhagvan Shri Parshuram Jayanti on April 29. Banks in Shimla will be closed on that occasion, however, there's no public holiday in other states. Bank Holiday On April 30 Akshaya Tritiya, the day which is considered auspicious for buying gold items like coins, bars, and jewellery, is falling on April 30. Banks in Bengaluru are closed on April 30 for Akshaya Tritiya. Bank Holiday On May 01 Every year May 01 is observed as a Labour Day. Banks in Belapur, Bengaluru, Chennai, Guwahati, Hyderabad, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram will be closed. Stock Market Holiday On May 1 Stock Market will be closed on May 01 due to Maharashtra Day on the same date. As BSE and NSE are in Mumbai, so they will be closed to observe the commemoration of foundation day. First Published:

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