On account of Id-Ul-Fitr, banks will remain closed in most parts of the country today (13 May) and 14 May as per the Reserve Bank of India (RBI( holiday calendar. Bank holidays are declared under Negotiable Instruments Act. Bank holidays are not observed in all the states and they vary as per the specific state.
Bank Holiday today, tomorrow
13 May: RaBank(Id-Ul-Fitr) (Shawal-1)
Banks will remain closed in Belapur, Jammu, Kochi, Mumbai, Nagpur, Srinagar, Thiruvananthapuram
!4 May: Bhagvan Shree Parshuram Jayanti/Ramjan-Eid (Eid-UI-Fitra)/Basava Jayanti/Akshaya Tritiya
Banks will remain closed in Agartala, Ahmedabad, Aizawl, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Chennai, Dehradun, Gangtok, Guwahati, Hyderabad, Imphal, Jaipur, Jammu, Kanpur, Kolkata, Licknow, New Delhi, Panaji, Patna, Raipur, Ranchi, Shillong, Shimla
Apart from these the other bank holidays in May are
16 May: Sunday
22 May: Fourth Saturday
23 May : Sunday
26 May: Buddha Pournima
30 May: Sunday
Trading at Indian indices (both BSE and NSE) will remain closed today on account of Ramadan. According to the official website of BSE, trading in equity, equity derivative and SLB Segment will remain closed today. Trading at commodities and currency derivative segment will also remain closed today for Id-Ul-Fitra celebrations, states the website.
