Bank Holidays alert! Banks to remain closed for 12 days in May, check full list here
Even though each state has its own set of holidays, as per the RBI, banks in most states will remain shut on May 14 on account of Eid-Ul-Fitr. File photo
Updated: May 1, 2021, 12:43 PM IST
There will up to 12 days of bank holiday in May 2021 across India. The Reserve Bank of India (RBI) has issued a calendar with the dates the banks will remain shut.
As per the new guidelines issued by the Indian Banks Association, bank branches can operate from 10 am to 2 pm due to the COVID-19 pandemic. Usually, both private and public banks remain shut on all national or public holidays, several festivals as well as the second and fourth Saturdays of each month.
Bank Holidays May 2021: As per the RBI, banks in most states will remain shut on May 14 on account of Eid-Ul-Fitr. Besides, some banks will also observe holidays on Akshaya Tritiya, Labour Day, Buddha Pournima, Id-Ul-Fitr, and Jumat-ul-Vida
Bank holidays in May 2021: Check out the full list released by RBI
Bank holidays in May 2021: Check out the full list released by RBI
Check out the list of the bank holidays in May 2021, released by the Reserve Bank of India
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The banks will remain closed on May 1, 7, 13, 14 and 26. (Photo: Representational)
HIGHLIGHTS
Banks will be closed for a total of 12 days in the month of May
The list of official bank holidays has been released by the RBI
The Reserve Bank of India (RBI) has released a holiday calendar list, as per which, there will be around 12 bank holidays in the month of May. The operations at several banks across the country will be closed on several occasions in May, starting from state holidays to regional festivals and other reasons.
Highlights
Holidays also depend on specific state festivals.
Plan bank transaction activities in a better way.
New Delhi: The Reserve Bank of India (RBI) has mentioned some days when the banking operations will remain closed in the month of May 2021.
Banks will remain closed for total 12 days in the month of May, as per the Reserve Bank of India (RBI) holiday calendar list, although banking activities in different states may vary from each other.
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.
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