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India.com
6 days ago
- Business
- India.com
Bank Holiday 29 May 2025: Branches To Be Closed In THIS State Today Due To...
New Delhi: Bank branches in Shimla will remain closed today (26 May 2025) account of Maharana Pratap Jayanti, as per RBI holiday list. It must be noted that the banks will NOT be closed for all the days consecutively in all states or regions. This is the total number of days when banks in different parts of the country will remain closed for state-observed holidays. For instance banks will be closed for Birthday of Kazi Nazrul Islam in Agartala, but in other states it will NOT be closed for the same reason. Bank Holidays In May 2025 Maharashtra Din/May Day (Labor Day: May ): May 1 Panchayat Election 2025: May 7 Birthday of Rabindranath Tagore: May 9 Buddha Pournima: May 12 State Day: May 16 Birthday of Kazi Nazrul Islam: May 26 Maharana Pratap Jayanti: May 29 Reserve Bank of India places its Holidays under three brackets --Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks' Closing of Accounts. However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies. Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states.
Mint
26-05-2025
- Business
- Mint
Bank holiday today: Are banks open or closed on Monday, May 26 for Kazi Nazrul Islam birth anniversary? Check here
Bank holiday today: On Monday, May 26, 2025, banks will be closed in Agartala to commemorate the birth anniversary of Kazi Nazrul Islam, according to the state-wise holiday calendar of the Reserve Bank of India (RBI). The banks in the rest of the country will remain open on Monday, May 26, 2025. Kazi Nazrul Islam, the iconic Bengali poet, celebrates his birth anniversary on May 26. Renowned as Bidrohi Kobi or Rebel Poet, he actively participated in the Indian Independence Movement. His birthday is celebrated across Tripura. Banks in Shimla will be closed on Thursday, May 29, 2025 due to Maharana Pratap Jayanti, which marks the birth anniversary of the Rajput king Maharana Pratap. Banks are typically closed in various parts of the country to mark national, religious and regional observances. Additionally, banks are closed on the second and fourth Saturdays and all Sundays of the month. It is to be noted that online banking services will be available nationwide to ensure uninterrupted access to banking services, even on bank holidays. Customers can use these services for convenient financial transactions. Fund transfer requests can be made using NEFT/RTGS transfer forms, demand draft request forms and chequebook forms. Credit cards, debit cards, and ATM cards can be availed through card services. Services such as account maintenance forms , setting up standing instructions, and applying for a locker are also available. For the month of May, the RBI designated six bank holidays for regional and religious observances apart from weekends. May 1 (Thursday) - Maharashtra Din and May Day (Labour Day) May 9 (Friday) - Birthday of Rabindranath Tagore May 12 (Monday) - Buddha Purnima May 16 (Friday) - State Day May 26 (Monday) - Birthday of Kazi Nazrul Islam May 29 (Thursday) - Maharana Pratap Jayanti
Time of India
25-05-2025
- Business
- Time of India
Bank holidays 2025: Are banks closed on Monday, May 26? Check here
Bank holidays Monday, May 26: In India, banks stay closed on specific days due to national, state-level, and RBI-mandated holidays. As per the RBI holiday calendar, Monday, May 26, 2025, will be a bank holiday in Tripura to mark the birthday of Kazi Nazrul Islam. Keep reading to know the complete list of bank holidays in May 2025, including details on bank holidays on Monday, the types of RBI-declared holidays, and how customers can still access services online. Why Are Banks Closed on May 26, 2025? Banks in Tripura will remain shut on Monday, May 26, 2025, to honour the birth anniversary of Kazi Nazrul Islam. Known as the 'Rebel Poet,' Kazi Nazrul Islam was a legendary Bengali writer, poet, journalist, and musician. His works championed equality, social justice, human values, and resistance against colonial rule. His fearless voice continues to inspire generations. If you're planning to visit a bank in Tripura around this date, make sure to check the RBI holiday list in advance to avoid any inconvenience. Bank Holidays in May 2025: Full List Here is the complete list of bank holidays in May 2025 declared by the Reserve Bank of India (RBI), including public holidays and region-specific closures: May 1 (Thursday) – Maharashtra Din / Labour Day May 9 (Friday) – Birthday of Rabindranath Tagore May 12 (Monday) – Buddha Purnima May 16 (Friday) – State Day May 26 (Monday) – Birthday of Kazi Nazrul Islam – Check here May 29 (Thursday) – Maharana Pratap Jayanti Besides these, banks will remain closed on all Sundays and the second and fourth Saturdays of the month, as per the RBI mandate. If a bank holiday falls on a Monday, like in the case of May 26, customers can expect a long weekend. RBI's Classification of Bank Holidays The Reserve Bank of India (RBI) divides bank holidays 2025 into three main categories: Holidays under the Negotiable Instruments Act Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement (RTGS) holidays Bank account closing holidays Each category affects bank operations differently, especially regarding back-end processing and fund settlements. What Services Will Be Available During Bank Holidays? Even on days when physical bank branches remain closed, customers can still use several services online: Internet banking and mobile apps for fund transfers, balance checks, and payments NEFT/RTGS fund transfers (as per availability) ATM services and card payments Requests for chequebooks, DDs, or account updates through digital channels So, whether it's a bank holiday on Monday or any other day, your banking needs can still be met digitally. How to Check Bank Holidays in Your City? To check whether your bank is open on a particular day: Visit the official RBI website Look for regional bank holiday notifications Check notices posted in your local bank branch Staying updated helps you plan your visits better, especially during months with multiple closures like May. If you're living in or travelling to Tripura, take note that Monday, May 26, 2025, will be a bank holiday due to Kazi Nazrul Islam's birthday – check here for the official RBI holiday list. With several bank holidays in May 2025, including bank holidays on Monday, it's wise to complete important banking tasks in advance or rely on online options for uninterrupted service. For more informative articles on historical and upcoming events from around the world, please visit Indiatimes Events.
Mint
25-05-2025
- Business
- Mint
Bank holidays next week, May 26-June 1: Banks to be closed for 2 days in THESE cities; Check full list here
Bank holidays next week, May 26-June 1: Banks will be closed for two days this week in some parts of India, due to the birth anniversary of Kazi Nazrul Islam and Maharana Pratap Jayanti, according to the bank holiday calendar by the Reserve Bank of India (RBI). Banks will also be closed on Sunday, June 1, 2025 across the country. Bank holidays in India vary from state to state and are determined by national, regional, and religious observances. Banks in Agartala will be closed on Monday, May 26, 2025 to commemorate the Birthday of Kazi Nazrul Islam, the legendary Bengali poet. He was popularly known as Bidrohi Kobi or Rebel Poet due to his participation in the Indian Independence Movement. On Thursday, May 29, 2025 banks in Shimla will be closed for Maharana Pratap Jayanti to mark the birth anniversary of the Rajput king Maharana Pratap. Banks across the country will remain open on Saturday, May 31, 2025since it is the fifth Saturday of the month. As per RBI calendar, banks are typically closed on second and fourth Saturdays of the month. Notably, banks are closed on all Sundays of the month. Hence, banks will be closed on Sunday, June 1, 2025. This means that banks in Agartala and Shimla will be closed for two days next week. For the month of May, the RBI designated six bank holidays for regional and religious observances apart from weekends. May 1 (Thursday) - Maharashtra Din and May Day (Labour Day) May 9 (Friday) - Birthday of Rabindranath Tagore May 12 (Monday) - Buddha Purnima May 16 (Friday) - State Day May 26 (Monday) - Birthday of Kazi Nazrul Islam May 29 (Thursday) - Maharana Pratap Jayanti Online banking services will be available across the country during bank holidays. Customers can use these services for convenient financial transactions. Fund transfer requests can be made using NEFT/RTGS transfer forms, demand draft request forms, and chequebook forms. Credit cards, debit cards, and ATM cards can be secured through card services. Services such as account maintenance forms, setting up standing instructions, and applying for a locker are also available.
Mint
24-05-2025
- Business
- Mint
Bank holiday today: Are banks open or closed on Saturday, May 24? Check here
Bank holiday today: According to the Reserve Bank of India (RBI) calendar, banks will be closed on May 24, 2025, the fourth Saturday of the month. Banks are generally closed on the second and fourth Saturdays of every month, while they are open on the first and third Saturdays, according to the RBI calendar. Since May 26 is the fourth Saturday of the month, the banks will be closed on this day. Customers can check whether banks are open or closed on a given day by visiting the RBI's official channels, which are the website and notifications to banks. The central bank has designated three types of bank holidays: Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays and banks' closing of accounts. Saturday, May 24, 2025, is categorised as a holiday under the Negotiable Instruments Act, which regulates the issuing of cheques and promissory notes. Therefore, transactions including these instruments will not be available during the holidays. Online banking services will be available across the country during bank holidays for seamless access to banking services. Customers can use these services for convenient financial transactions. Fund transfer requests can be made using NEFT/RTGS transfer forms, demand draft request forms, and chequebook forms. Credit cards, debit cards, and ATM cards can be secured through card services. Services such as account maintenance forms, setting up standing instructions, and applying for a locker are also available. In the month of May, the RBI designated six bank holidays for various religious and regional observances in addition to Saturdays and Sundays. May 1 (Thursday) - Maharashtra Din and May Day (Labour Day) May 9 (Friday) - Birthday of Rabindranath Tagore May 12 (Monday) - Buddha Purnima May 16 (Friday) - State Day May 26 (Monday) - Birthday of Kazi Nazrul Islam May 29 (Thursday) - Maharana Pratap Jayanti
