Banks to be shut for as many as 11 days in May 2024 as per the list of holidays released by the Reserve Bank of India (RBI). This includes the weekend holidays, i.e., the second and fourth Saturdays and all Sundays.
The month of May will see some significant festivals across India like May Day, Birth anniversary of Rabindranath Tagore, Nazrul Jayanti, Akshaya Tritiya and more. Banks across India would be closed for about 11 days in the second month of the new financial year, May 2024, national and region specific.
The RBI had issued the list of holidays for 2024 in its annual list. According to this, all public and private sector banks across India will remain closed for up to 11 days in May, 2024, including the weekend leaves. However, we must note that the banks will not be closed for 11 days in all states or regions.
Internet banking services will continue to be operational during these days. ATM service will also be available. Some of the holidays in the list are specific to certain states only or regional holidays while few are designated as public holidays.
Here is the full list (from 1st May) :
| DATE | HOLIDAY |
| May 1 | Maharashtra Din/May Day (Labour Day) |
| May 8 | Birth Anniversary of Rabindranath Tagore (Rabindra Jayanti) |
| May 10 | Basava Jayanti/Akshaya Tritiya |
| May 16 | State Day |
| May 23 | Buddha Pournima |
| May 25 | Nazrul Jayanti |
Apart from this list, as per the Holiday Under Negotiable Instruments Act, the banks will also remain closed on some of the days of the weekends. These are mentioned below:
May 5: Sunday
May 11: Second Saturday
May 12: Sunday
May 19: Sunday
May 25: Fourth Saturday (Nazrul Jayanti)
May 26: Sunday
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