Tomorrow's Banking Operations in India-Pakistan: Is a Shutdown Scheduled on 9th May 2025? Learn Here
Rewritten Article:
India's response to Pakistan's attacks has led to some changes in the routine, particularly concerning schools and government offices. Gurugram has decided to close schools tomorrow, while the Delhi government has canceled employees' leave.
However, it's worth mentioning that only select bank branches will be closed tomorrow, due to regional festivities, not the Indo-Pak conflict escalation. Banks will have an extended break between May 9 and May 12, according to the RBI bank holiday list. The holiday period might not be identical for all branches nationwide, as some will be closed for different festivals and regional celebrations happening this week.
Bank Holidays from May 9 to May 12
On May 9: Banks in West Bengal will be shut down to commemorate Rabindranath Tagore's birth anniversary.
May 10-11: A two-day weekend holiday.
On May 12: Various states, including Tripura, Mizoram, Madhya Pradesh, Uttarakhand, Arunachal Pradesh, Jammu, Uttar Pradesh, Maharashtra, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh, and Srinagar, will observe Buddha Purnima. Consequently, banks in these states will be closed.
Last week, bank closure was observed in several cities, including Belapur, Bengaluru, Chennai, Guwahati, Andhra Pradesh, Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram, on account of Maharashtra Din/May Day (Labor Day).
In May 2025, banks across India will be closed for 12 days, considering regional holidays, national events, Sundays, and the second and fourth Saturdays.
Upcoming Bank Holidays in May 2025:
May 1: Maharashtra Din/May Day (Labor Day) (in several states)May 7: Panchayat Election 2025May 9: Birthday of Rabindranath Tagore (in West Bengal, Tripura)May 12: Buddha Pournima (in multiple states)May 16: State Day (possibly in multiple states)May 26: Birthday of Kazi Nazrul Islam (in Agartala)May 29: Maharana Pratap Jayanti (possibly in multiple states)
Please note that the bank closures will not affect all states or regions consistently. For example, banks in Agartala will close for the Birthday of Kazi Nazrul Islam, while in other states, it will not.
The Reserve Bank of India categorizes bank 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, bank holidays may differ in various states and may not be observed by all banking companies. The bank holidays depend on the specific festivals being observed in certain states or notifications of particular occasions in those states.
The bank in West Bengal will be closed on May 9, commemorating Rabindranath Tagore's birth anniversary. On May 12, various states will observe Buddha Purnima, leading to bank closures in those regions.
