1 day Ago By Zee News
As per Reserve Bank of India, Holidays are kept under three brackets --Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. New Delhi: Bank branches in Karnataka will remain closed on account of Akshaya Tritiya and Basava Jayanti, while for other states it will be a normal working day today (April 30). Akshaya Tritiya, variously known as Akti or Akha Teej or Akshaya Trutiya, is considered to be one of the most auspicious days for Hindus.
It falls on the Lunar day of Shukla Paksha in the month of Vaisakha. As the name suggests, Akshaya Tritiya means the 'third day of unending prosperity'. Between April 29 and May 1, banks are closed for 3 days, on account of various regional festivities, though not consecutively in all states.
Bank Holiday April 29 --Parshuram Jayanti Banks in Himachal Pradesh were closed on account of Parshuram Jayanti. Bank Holiday April 30 --Basava Jayanti and Akshaya Tritiya Banks in Karnataka will be close on account of Basava Jayanti and Akshaya Tritiya on April 30. Bank Holiday May 1 (Thursday) – May Day (Labour Day) / Maharashtra Day Banks will remain closed in Belapur, Bengaluru, Chennai, Guwahati, Andhra Pradesh, Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram.
Bank Holidays In April 2025 To enable to Banks to close their yearly accounts/Sarhul: April 1 Babu Jagjivan Ram’s Birthday: April 5 Mahavir Janmakalyanak/Mahavir Jayanti: April 10 Dr. Babasaheb Ambedkar Jayanti/Vishu/Biju/Buisu Festival/Maha Vishuva Sankranti/Tamil New Year's Day/Bohag Bihu/Cheiraoba: April 14 Bengali New Year’s Day/Himachal Day/Bohag Bihu: April 15 Bohag Bihu: April 16 Good Friday: April 18 Garia Puja: April 21 Bhagvan Shri Parshuram Jayanti: April 29 Basava Jayanti/Akshaya Tritiya: April 30 Furthermore, you must note that the banks will NOT be closed for all the days consecutively in all states or regions. This is the total number of days when banks in different parts of the country will remain closed for state-observed holidays.
For instance banks will be closed for Bohag Bihu in Assam, but in other states it will NOT be closed for the same reason. Reserve Bank of India places its Holidays under three brackets --Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real Time Gross Settlement Holiday; and Banks’ Closing of Accounts. However, it must be noted that the bank holidays vary in various states as well not observed by all the banking companies.
Banking holidays also depend on the festivals being observed in specific states or notification of specific occasions in those states. Stay informed on all the latest news , real-time breaking news updates, and follow all the important headlines in india news and world News on Zee News..
