Festive Break Across India: Banks Closed, Stock Market Active

India is celebrating multiple regional festivals today, including Pohela Boishakh in West Bengal, Bohag Bihu in Assam, Vishu in Kerala, and Himachal Day. These observances have led to partial closures across states, impacting banks, educational institutions, and offices.

Banking Services

Banks such as SBI, HDFC, ICICI, PNB, and Axis Bank are closed in West Bengal, Assam, Kerala, and Himachal Pradesh as per the RBI holiday calendar. Digital banking and ATMs remain fully functional nationwide, ensuring uninterrupted access to essential financial services.

Educational Institutions And Offices

Schools and colleges in festival-observing states are closed today. Central government offices remain open under the Restricted Holiday classification, allowing employees to take optional leave. Private offices and businesses largely follow state-specific notifications.

Stock Market And Essential Services

Stock exchanges remain open, as these holidays are not classified as pan-India trading holidays. Healthcare, transport, and other essential services continue without disruption, though regional festivities may affect local operations.

Key Highlights

• Banks closed in four states
• Schools and colleges shut regionally
• Central offices open with optional leave
• Digital banking and ATMs operational
• Stock market trading unaffected

Sources: Mint, Economic Times, News18