As per RBI's holiday calendar, banks in various states in India will be closed for 11 days this month...
Digital Desk: Reserve Bank of India (RBI) discloses the holiday schedule and informs that banks in some Indian states will be closed on May 5, 2023, to commemorate Buddha Purnima.
Following the list, Indian banks will have a total of 12 holidays in May 2023, including weekends and the second and fourth Saturdays of the month.
Banks will be closed in Tripura, Mizoram, Maharashtra, Madhya Pradesh, Chandigarh, Uttarakhand, Jammu, Uttar Pradesh, Bengal, New Delhi, Chhattisgarh, Jharkhand, and Himachal Pradesh on Buddh Purnima.
On the other hand, banks in other states will be open as usual.
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Buddha Purnima, which falls on May 5 this year, commemorates the birth of often known as the Buddha, the founder of Buddhism.
This month, banks in several Indian states will be closed for 12 days. Customers can, however, execute transactions via digital ways as usual, since mobile and Internet services will be available.
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