According to the Reserve Bank of India’s holiday calendar, banks in India will be closed for up to 14 days in May 2024. This includes Sundays, the second and fourth Saturdays of the month, as well as state-specific holidays such as Maharashtra Day and Labour Day.
On May 1, banks will be closed in some states, including Maharashtra and Andhra Pradesh, in observance of Maharashtra Day and Labour Day. Maharashtra Day commemorates the formation of the Indian state of Maharashtra, while Labour Day celebrates the contributions of workers worldwide.
Other holidays in May 2024 that may affect bank operations in certain states include:
– May 7: Lok Sabha General Elections 2024 (Gujarat, Madhya Pradesh, Goa)
– May 8: Birthday of Rabindranath Tagore (West Bengal)
– May 10: Basava Jayanti/Akshaya Tritiya (Karnataka)
– May 13: Lok Sabha General Elections 2024 (Srinagar)
– May 16: State Day (Sikkim)
– May 20: Lok Sabha General Elections 2024 (Maharashtra)
– May 23: Buddha Pournima (Tripura, Mizoram, Madhya Pradesh, Chandigarh, Uttar Pradesh, Arunachal Pradesh, Jammu, Lucknow, West Bengal, New Delhi, Chhattisgarh, Jharkhand, Himachal Pradesh, Srinagar)
– May 25: Nazrul Jayanti/Lok Sabha General Elections 2024 (Tripura, Orissa)
It is important to note that the exact dates of bank holidays may vary depending on the specific state or region.
