In many Indian cities, banks will be closed today, May 12, 2025 in adherence to Buddha Purnima, which symbolizes Gautam Buddha’s 2587th birth anniversary. According to the Reserve Bank of India (RBI) holiday calendar, banking operations in select states and cities are suspended for the day.
While some fields are observing a bank holiday, stock market traders may breathe easy – both National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) are both working as always as usual today.
Bank holidays in India are decided as per RBI guidelines, which consider regional function, negotiable equipment Act, RTGS holidays and national observation. For May 2025 alone, RBI has listed 13 holidays, besides regular second and fourth Saturdays and Sundays when banks are closed.
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If you are concerned about the transaction, there is no reason for concern – digital services like net banking, mobile banking, UPI and ATM will continue to work normally.
Banks will be closed today in cities including Agartala, Aizawal, Belapur, Bhopal, Dehradun, Yangagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Ranchi, Shimla, Srinagar, and others.
Here are other notable bank holidays in May 2025:
- May 16 (Friday): Sikkim’s banks will be closed for State Day.
- May 26 (Monday): Banks in Tripura will be closed to mark the birthday of poet Qazi Nazrul Islam.
- May 29 (Thursday): Bank will inspect the holiday for Maharana Pratap Jayanti in Himachal Pradesh.
