Wednesday, April 30, marks the celebration of two major festivals in India: Basava Jayanti and Akshaya Tritiya. On this auspicious occasion, the banks will remain open in all states except one state on Wednesday, April 30, 2025. As per the holiday list released by the Reserve Bank of India (RBI), banks will remain closed in Bengaluru, Karnataka, as the calendar marks the celebration of Basava Jayanti and Akshaya Tritiya. Today’s holiday is under the Holidays under the Negotiable Instruments Act.
Read More: Maharashtra Day, Labour Day: Are banks open or closed on 1st May? Check out state-wise full list
Akshaya Tritiya
Celebrated on April 30, Akshaya Tritiya is an auspicious Hindu festival considered to bring good fortune and is associated with making progress and investments, especially purchasing gold. It is considered a highly auspicious day for new beginnings and investments. People believe it brings prosperity and good fortune, especially if they purchase gold. The auspicious festival falls on the third day of the bright half (Shukla Paksha) of the Hindu month of Vaisakha.
Basava Jayanti
Basava Jayanti marks the birth anniversary of the 12th-century philosopher and social reformer Basavanna, a prominent figure in the Lingayat tradition. The festival is celebrated to observe his teachings on social equality and human rights. Basava Jayanti is primarily observed in Karnataka, with some observance in Maharashtra, Andhra Pradesh, and Telangana.
Bank Holiday on May 1, 2025
According to the Reserve Bank of India’s holiday calendar 2025, banks are shut on May 1, 2025, on account of Maharashtra Din/May Day (Labour Day). Banks will remain closed in Belapur, Bengaluru, Chennai, Guwahati, Hyderabad (Andhra Pradesh & Telangana), Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna, and Thiruvananthapuram.
Bank holidays in May 2025: Full list
Bank state-wise holidays in May 2025: Full list
As per the RBI guidelines, bank holidays in India fall into 2 categories
Holiday under the Negotiable Instruments Act
Banks’ Closing of Accounts
Anurag Dhole is a seasoned journalist and content writer with a passion for delivering timely, accurate, and engaging stories. With over 8 years of experience in digital media, she covers a wide range of topics—from breaking news and politics to business insights and cultural trends. Jane's writing style blends clarity with depth, aiming to inform and inspire readers in a fast-paced media landscape. When she’s not chasing stories, she’s likely reading investigative features or exploring local cafés for her next writing spot.
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
- ANURAG DHOLEhttps://indiatadkha.com/author/bitlancetechhubgmail-com/
