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Time of India
24-05-2025
- Business
- Time of India
Bank holiday today: Are banks shut on May 24, what RBI calender says
Banks across the country will remain closed today, on May 24, in observance of the fourth Saturday of the month. According to the Reserve Bank of India's (RBI) official calendar, banks remain shut on every second and fourth Saturday. Customers can verify whether banks are open or closed by checking the RBI's official website. This holiday applies to all banks regulated by the RBI nationwide. Physical branch services such as cash deposits and withdrawals, account openings, cheque clearances, loan processing, approvals requiring manual intervention, and other documentation-related services will not be available today. However, digital banking services remain operational. Customers can continue to use mobile banking apps, ATMs, and electronic payment systems like NEFT, RTGS, and IMPS to pay bills, transfer money, and carry out other transactions without interruption. The RBI calendar also specifies regional bank holidays. Apart from weekends, upcoming holidays in May are: May 26 on the occasion of the birthday of Nazrul Islam: Observed in Tripura May 29 on the occasion of Maharana Pratap Jayanti: Observed in Himachal Pradesh Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Time of India
24-05-2025
- Business
- Time of India
Bank holiday today: Are banks shut on May 24?
Banks across the country will remain closed today, on May 24, in observance of the fourth Saturday of the month. According to the Reserve Bank of India's (RBI) official calendar, banks remain shut on every second and fourth Saturday. Customers can verify whether banks are open or closed by checking the RBI's official website. This holiday applies to all banks regulated by the RBI nationwide. Physical branch services such as cash deposits and withdrawals, account openings, cheque clearances, loan processing, approvals requiring manual intervention, and other documentation-related services will not be available today. However, digital banking services remain operational. Customers can continue to use mobile banking apps, ATMs, and electronic payment systems like NEFT, RTGS, and IMPS to pay bills, transfer money, and carry out other transactions without interruption. The RBI calendar also specifies regional bank holidays. Apart from weekends, upcoming holidays in May are: May 26 on the occasion of the birthday of Nazrul Islam: Observed in Tripura May 29 on the occasion of Maharana Pratap Jayanti: Observed in Himachal Pradesh Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
