The Reserve Bank of India (RBI) had earlier declared March 31, 2025, as a bank holiday, but now it has directed all agency banks to remain open for government transactions on that day.
The RBI has made it clear that all agency banks dealing with government transactions should function on March 31, irrespective of the public holiday in several states.
This step has been taken to ensure government receipts and payments on the last day of the financial year 2024-25 (fiscal year end).
Earlier this day was recorded as a holiday in the holiday calendar of RBI, but now it has been cancelled. Earlier this holiday was declared in most of the states of the country except Mizoram and Himachal Pradesh. However, despite banks remaining open, government offices, schools-colleges, and stock markets will remain closed on March 31 on the occasion of Eid-ul-Fitr.
Today is March 28, the last Jumma of Ramzan, which is called Jumma-tul-Wida. Banks are closed on 28th March on this occasion. However, despite March 29 being the fifth Saturday, banks will remain open.
This is the list of bank holidays this week
March 28, Friday: Jumat-ul-Vida—Banks will remain closed in Jammu and Kashmir.
March 30, Sunday: Weekly holiday, holiday in all banks across the country.
March 31, Monday: Eid-ul-Fitr (Ramzan Eid) – Banks will remain closed in almost all states except Mizoram and Himachal Pradesh.
Banks will remain open on March 29 (Saturday), as it is the fifth Saturday of the month. The second and fourth Saturdays are weekly holidays in banks across the country, while banks also remain closed on every Sunday.
There are continuous holidays in some states this week, so complete the important banking work on time so that there is no problem.