Banks in most of the states will remain open today (September 8). However, banks in Mumbai will remain closed as Maharashtra earlier shifted its public holiday from September 5 (Friday) to September 8 (Monday).
The Reserve Bank of India (RBI) declared September 8 (Monday) as a public holiday, instead of the earlier declared September 5 (Friday). Accordingly, there will be no transactions and settlements in government securities, foreign exchange, money markets and rupee interest rate derivatives on the newly-declared holiday.
The central bank accordingly changed its bank holiday schedule. Here are the upcoming bank holidays this month that customers must be aware of:
- September 12: Banks will remain shut in Jammu and Srinagar on account of September 12 being the Friday following Eid-i-Milad-ul-Nabi.
- September 22: Banks will remain closed in Jaipur on account of Navratra Sthapna.
- September 23: Banks will remain closed in Jammu and Srinagar on account of birthday of Maharaja Hari Singh.
- September 29: Banks will remain closed in Kolkata, Agartala and Guwahati on account of Maha Saptami, Durga Puja.
- September 30: Banks will remain closed in Kolkata, Agartala, Guwahati, Bhubaneswar, Imphal, Jaipur, Patna and Ranchi on account of Maha Ashtami (Durga Ashtami), Durga Puja.
Informing about the change, RBI in a statement on September 4 announced that government securities market, foreign exchange market, money market and rupee interest rate derivatives market will remain open on September 5 (Friday).
"Settlement of all outstanding transactions due on September 08, 2025 (Monday) will get postponed to the next working day, i.e., September 09, 2025 (Tuesday). Settlement of the auction of Government of India Dated Securities conducted on September 04, 2025 (Thursday) will take place on September 09, 2025 (Tuesday),"the central bank said.
This comes as Maharashtra government revised the public holiday date for Eid-e-Milad in Mumbai city and suburban districts from September 5 to September 8. As per the government notification, government offices in Mumbai city and suburbs will remain open on September 5, with the public holiday now being applicable instead on September 8. However, in all other districts of Maharashtra, the public holiday for Eid-e-Milad will continue to be observed on September 5, 2025, as previously declared.
Also read: Are NSE, BSE open or shut on Sep 8 for Eid-e-Milad?
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