Sat May 03 06:50:00 UTC 2025: **Indian Banks Open on First Saturday of May; Seven Holidays Scheduled for the Month**
NEW DELHI – Banks across India are open for business today, May 3rd, the first Saturday of the month. While banks typically close on Saturdays, the first, third, and fifth Saturdays of each month remain operational. This differs from the second and fourth Saturdays, which are bank holidays. All Sundays also remain closed.
The Reserve Bank of India (RBI) has announced seven additional bank holidays for May, excluding weekends. These vary by state and include observances such as Maharashtra Din and May Day (May 1st), Panchayat Election (May 7th in Guwahati), Rabindranath Tagore’s birthday (May 9th in Kolkata), Buddha Purnima (May 12th in several states), Sikkim State Day (May 16th in Sikkim), Kazi Nazrul Islam’s birthday (May 26th in Tripura), and Maharana Pratap Jayanti (May 29th in Himachal Pradesh). Customers are advised to check with their local branch for a complete list of holidays applicable to their area.
Despite these holidays, online banking services will remain available throughout the month for transactions including fund transfers, bill payments, and account management.
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