Bank holidays in May: Branches will be non-functional on account of festivals, as well as second and fourth Saturdays, and Sundays. According to the Reserve Bank of India, there will be a total of 12 bank holidays in May. Branches will be non-functional on account of festivals, important days, Sundays, and second and fourth Saturdays. It is to be noted, however, that some festivals/important days are specific only to certain states. In such a case, therefore, banks will not open in that state or region. In case of regional festivals, banks only in that particular region will remain closed (Pradeep Gaur/Mint. Image for representational purpose) In case of regional festivals, banks only in that particular region will remain closed (Pradeep Gaur/Mint. Image for representational purpose) RBI, the country’s central bank, categories bank holidays as ‘national’ and ‘regional.’ Under the former category, branches across the country are closed. Also, even on non-working days, online financial services remain functional as usual.
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