Sat May 31 07:20:00 UTC 2025: Okay, here’s a news article summarizing the provided text:
**Headline: Banks Open Today Despite Month-End Saturday: Clear Up Your Pending Work!**
**New Delhi:** Despite being the last Saturday of the month, banks across the country will remain open for business today, May 31st. Contrary to some assumptions, the Reserve Bank of India (RBI) guidelines dictate that banks operate on the fifth Saturday of a month.
The confusion likely stems from the RBI’s 2015 ruling, which mandated closures on the second and fourth Saturdays of each month to improve work-life balance for employees and enhance customer service. This means banks remain open on the first, third, and fifth Saturdays. As May 2025 has five Saturdays, today is a working day for bank staff and customers can conduct their usual transactions.
Customers are encouraged to complete any pending bank-related tasks today, as June will see a significant number of bank holidays. A total of 12 days next month will be bank holidays, including occasions like Bakrid, Kabir Jayanti, and Rath Yatra. Notably, banks will be closed from June 14th to 16th due to the second Saturday (June 14th), Sunday (June 15th), and Kabir Jayanti (June 16th).
*For detailed business, market, and breaking news, download the Mint News App.*
First Piper 