Banks Status in India-Pakistan War: Is Banking Operational or Closed on 9th May 2025? Consult RBI List for Details
Title: Banking During India's Indo-Pak Conflict and May 2022 Bank Holidays
In the midst of India's retaliatory action against Pakistan's attacks, schools in Gurugram are closed tomorrow, and the Delhi government has canceled employees' leave. It is essential to clarify that your bank branches WILL NOT BE CLOSED due to the escalating Indo-Pak conflict.
However, it's worth noting that banks in West Bengal will be closed for regional celebrations. Specifically, they will be closed for the birth anniversary of Rabindranath Tagore on May 9. The upcoming days from May 10-11 will be observed as a weekend holiday, and then banks will close again on May 12, primarily for Buddha Purnima, causing closures in various states.
As per RBI's bank holiday list, there will be further holidays between May 9 and May 12, but it's important to remember that those holidays won't be straight holidays for all branches across the nation. Instead, banks will be closed in different states for various local festivals and regional events.
Bank Holidays and Festivals in May 2022
- May 9: Banks in Bengal will be closed for Rabindranath Tagore's birthday.
- May 10-11: Weekend holiday
- May 12: Banks will be closed in various states for Buddha Purnima.
Last month saw bank closures in multiple cities on account of Maharashtra Din/May Day (Labor Day). In May 2025, banks across India will be closed for 12 days, including regional holidays, national events, Sundays, and the second and fourth Saturdays.
It's essential to keep in mind that bank closures for these holidays won't be consecutive across all states or regions. The closure of banks in specific areas depends on the festivals being observed in those regions or the notification of specific occasions.
Banking holidays are categorized under three brackets by the Reserve Bank of India: Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. However, it's worth noting that banking holidays vary in different states and not all banking companies observe the same holidays.
[1] Bank holidays in India: Complete list for 2025 - Times of India[5] Bank Holidays in India 2022 - BankBazzar.com
In Delhi, despite the cancellations of leave for government employees due to the Indo-Pak conflict and upcoming May 2022 holidays, your bank branches will not be closed. However, it's important to note that some branches will still be closed in different states for local festivals and regional events, such as Buddha Purnima on May 12.
During May 2025, bank closures will occur across India, but these holidays won't be consecutive in all states or regions, as the closure of banks depends on the local festivals being observed or specific occasions notified.
Bank holidays in India follow three categories classified by the Reserve Bank of India, including Holiday under Negotiable Instruments Act, Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday, and Banks' Closing of Accounts. Yet, it's worth mentioning that banking holidays can vary in different states, and not all banking companies observe the same holidays.