Bank Holiday today, tomorrow: Banks will remain shut in these cities; check details here

Bank holidays are not observed in all the states and they vary as per the specific state

Shivani
Published on: 13 May 2021 4:33 AM GMT
Bank Holiday today, tomorrow: Banks will remain shut in these cities; check details here
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On account of Id-Ul-Fitr, banks will remain closed in most parts of the country today (13 May) and 14 May as per the Reserve Bank of India (RBI( holiday calendar. Bank holidays are declared under Negotiable Instruments Act. Bank holidays are not observed in all the states and they vary as per the specific state.

Bank Holidays in May 2021:

Banks in India will remain shut for up to 12 days in May 2021, including weekends and festivals. Only the gazetted holidays are observed by banks all over the country. According to the Reserve Bank of India (RBI), banks in most of the states will remain closed on May 14, 2021, on account of Eid-UI-Fitra. In May, banks including the public sector, private sector, foreign banks, cooperative banks and regional banks, will observe holidays on May 1, May 7, May 13, May 14 and May 26 on account of Labour Day, Jumat-ul-Vida, Id-Ul-Fitr, Akshaya Tritiya and Buddha Pournima, respectively.

Bank Holiday today, tomorrow

13 May: RaBank(Id-Ul-Fitr) (Shawal-1)

Banks will remain closed in Belapur, Jammu, Kochi, Mumbai, Nagpur, Srinagar, Thiruvananthapuram

!4 May: Bhagvan Shree Parshuram Jayanti/Ramjan-Eid (Eid-UI-Fitra)/Basava Jayanti/Akshaya Tritiya

Banks will remain closed in Agartala, Ahmedabad, Aizawl, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad, Imphal, Jaipur, Jammu, Kanpur, Kolkata, Licknow, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla

Apart from these the other bank holidays in May are

16 May: Sunday

22 May: Fourth Saturday

23 May : Sunday

26 May: Buddha Pournima

30 May: Sunday

Trading at Indian indices (both BSE and NSE) will remain closed today on account of Ramadan. According to the official website of BSE, trading in equity, equity derivative and SLB Segment will remain closed today. Trading at commodities and currency derivative segment will also remain closed today for Id-Ul-Fitra celebrations, states the website.

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Shivani

Shivani

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