Mon Dec 30 12:17:33 UTC 2024: ## Uncertainty Surrounds Bank Holiday Status for New Year’s Day 2025
**New Delhi, [Date]** – As 2024 draws to a close, questions remain regarding the banking holiday schedule for the new year. While January 2025 will see 15 bank holidays across India, including second and fourth Saturdays, Sundays, and various festivals, the status of January 1st is unclear.
The Reserve Bank of India (RBI) has yet to release its official 2025 holiday list, leaving many wondering if banks will be open for business on New Year’s Day. While the RBI’s 2024 list indicated a holiday in several states for January 1st, the National Portal of India lists it as a “restricted holiday,” not a gazetted one, creating ambiguity.
Despite potential closures, customers are reminded that online and mobile banking services, along with ATMs, will remain operational. Individual banks’ holiday schedules may also vary, according to the state in which they operate. The state governments set additional holidays, and for example, banks in Mizoram and Sikkim closed on New Year’s Eve (December 31st, 2024).
The RBI typically releases its annual bank holiday calendar based on state-specific festivals and events, as mandated by the Negotiable Instruments Act. Citizens are advised to check with their individual banks for confirmation or visit the RBI website for the latest information once it is released.
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