Overview
- Banks in 27 cities, which closed Friday, May 1, for Maharashtra Day, Buddha Purnima and Labour Day, followed the Reserve Bank of India’s city-wise holiday list.
- Branches stayed open in select locations, including Ahmedabad, Bhubaneswar, Chandigarh, Jaipur, Kohima and Shillong, reflecting state-specific observance rules.
- BSE and NSE halted all trading for the day, while the Multi Commodity Exchange ran only its evening session from 5:00 pm to 11:30 pm.
- UPI, internet and mobile banking and ATMs worked as usual, though in-person services and some salary credits could shift by a day where counters were shut.
- The RBI calendar lists 12 bank holidays in May, so customers are advised to check the city schedule before planning branch visits.