According to Reserve Bank of India (RBI) holiday list, banks will be closed in many cities of the country for some days in May. While branches will be closed for businesses operating in the real place, online commerce will continue its activities.
Therefore, if you are going to your local bank next month for an important banking transaction, you should write a list of closing dates in May 2023 in each city. others will be local holidays. Many banks will be closed in many states due to this celebration.
Before you go to your bank in May, you should make a list of important days when the bank will be closed. According to Reserve Bank of India (RBI) public holidays, banks will be closed for a total of 12 days from May to April, with the most important days being bank holidays and public holidays in the country. However, you should keep in mind that banks in all states or territories are not closed for 12 days. This is all the days when banks in different parts of the country are closed for public holidays.
For example, Kazi Nazrul Islam Jayanti Bank branches in Tripura will be closed, but not branches in Goa, Bihar or other states.
Below is the detailed list of public holidays for May 2023. Check the list.
Maharashtra Day/May Day: May 1
Buddha Purnima: May 5
Birthday of Rabindranath Tagore: May 9
State Day: May 16
Maharana Pratap Jayanti: May 22
Kazi Nazrul Islam Jayanti in Tripura: May 24
Weekends and Second Saturdays
May 7: Sunday
May 13: Second Saturday
May 14: Sunday
May 21: Sunday
May 27: Fourth Saturday
May 28: Sunday
The Reserve Bank of India responds to its holidays in our cycle – holidays according to the Inter-Party Law; Holidays and public holidays within the scope of the Collective Bargaining Agreement Law; and bank closures. However, it is important to note that public holidays vary from state to state and not all companies adhere to these holidays. Public holidays are also subject to special public holidays or special time notices in states.
The holidays of the above days will be closed in many regions according to the holidays determined by the state, but banks will be closed throughout the country for the holidays specified in the announcement.
