Bank holiday today: Are banks shut on May 24, what RBI calender says

Banks nationwide are closed today, May 24th, for the fourth Saturday of the month, as per RBI guidelines. While physical branch services are unavailable, digital banking options like mobile apps, ATMs, and online payment systems remain operational for uninterrupted transactions.
Bank holiday today: Are banks shut on May 24, what RBI calender says
Banks across the country will remain closed today, on May 24, in observance of the fourth Saturday of the month. According to the Reserve Bank of India’s (RBI) official calendar, banks remain shut on every second and fourth Saturday.Customers can verify whether banks are open or closed by checking the RBI’s official website.This holiday applies to all banks regulated by the RBI nationwide. Physical branch services such as cash deposits and withdrawals, account openings, cheque clearances, loan processing, approvals requiring manual intervention, and other documentation-related services will not be available today.However, digital banking services remain operational. Customers can continue to use mobile banking apps, ATMs, and electronic payment systems like NEFT, RTGS, and IMPS to pay bills, transfer money, and carry out other transactions without interruption.The RBI calendar also specifies regional bank holidays. Apart from weekends, upcoming holidays in May are:
  • May 26 on the occasion of the birthday of Nazrul Islam: Observed in Tripura
  • May 29 on the occasion of Maharana Pratap Jayanti: Observed in Himachal Pradesh
author
About the Author
TOI Business Desk

The TOI Business Desk is a vigilant and dedicated team of journalists committed to delivering the latest and most relevant business news from around the world to readers of The Times of India. The primary focus of the TOI Business Desk is to keep a watchful eye on the global business landscape, covering a wide spectrum of industries, markets, economic trends, in-depth analysis, exclusive reports and breaking stories that impact businesses and economies. With a mission to provide valuable insights and updates, the desk ensures that TOI readers are well-informed about the ever-changing and dynamic world of commerce and can navigate the complexities of the business world.

End of Article
Follow Us On Social Media
OSZAR »