Bank Holiday On Buddha Purnima: Are Banks Open Or Closed Today? Check City-Wise Status – News18

Bank Holiday On Buddha Purnima: Are Banks Open Or Closed Today? Check City-Wise Status – News18


Last Updated:

Bank Holiday In May 2025: As Buddhists are celebrating Buddha Purnima today, May 12, are banks open or closed? Check the city-wise list.

Bank Holidays In May 2025: Banks are closed today, May 12, on the occasion of Buddha Purnima.

Bank Holiday Today: Buddha Purnima falls on 12 May this year. The auspicious day marks the birth, enlightenment, and Mahasamadhi of the legendary Gautama Buddha, and is celebrated by followers of Buddhism. With a significant Buddhist population across the country, the day is considered a public holiday.

Are Banks Close Today, May 12, Buddha Purnima?

Buddha Purnima is marked under RBI’s holiday under negotiable instruments act. Thus, banks in Agartala, Aizawl, Belapur, Bhopal, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Shimla, Ranchi, and Srinagar will be closed on Monday, May 12 due to Buddha Purnima holiday.

There are no public holiday in banks in ahmedabad, bengaluru, bhubaneshwar, chandigarh, chennai, gangtok, guwahati, hyderabad, jaipur, imphal, kochi, kochi, kohima, panaji, pantna, patna, Shillong, and Thiruvananthapuram on May 12.

Are Stock Markets Closed Too On May 12?

No, according to BSE and NSE, there is no public holiday for trading in equity segment, equity derivative and SLB segment of stock markets on May 12 on the occasion of Buddha Purnima.

The next stock market holiday will be falling on Independence Day, August 15, 2025.

However, there is a trading holiday in currency derivatives segments today, May 12, 2025, as per BSE. Moreover, there is a holiday for settlement too.

Bank Holidays in May 2025 (State-wise)

  • May 1 (Thursday)Labour Day / Maharashtra Day: Banks will be closed in Belapur, Bengaluru, Chennai, Guwahati, Andhra Pradesh, Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram.
  • May 9 (Friday)Rabindranath tagore jayanti: Banks in Kolkata will remain closed.
  • May 12 (Monday)Buddha Purnima: Banks will be closed in Augustala, Aizawl, Belapur, Bhopal, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla, and Srinagar.
  • May 16 (Friday)State Day: Bank holiday in Gangtok.
  • May 26 (Monday)Birthday of Kazi Nazrul Islam: Banks in Agartala will be closed.
  • May 29 (Thursday)Maharana pratap jayanti: Bank holiday in Shimla.

In addition, regular weekly closures include all Sundays (May 4, 11, 18, and 25) and the second and fourth Saturdays (May 10 and 24).

Stay updated with all the latest business news, including market trends, stock updates, taxIPO, banking financereal estate, savings and investments. Get in-depth analysis, expert opinions, and real-time updates—only on News18. Also Download the News18 App to stay updated!



Source link
[ad_3]

Leave a Reply

Your email address will not be published. Required fields are marked *