Banks are shut in several cities. However, banks are open in cities such as Ahmedabad, Bengaluru, Bhubaneswar, Chandigarh, Chennai, Gangtok, Guwahati, Hyderabad, Jaipur, Imphal, Kochi,Kohima,Panaji,Patna,Shillong, and Thiruvananthapuram.

Buddha Purnima: RBI Declares May 12 As Bank Holiday

Banks are closed in several cities on Monday, May 12, on the occasion of Buddha Purnima. The Reserve Bank of India (RBI) has listed this day as a holiday under the Negotiable Instruments Act.

Despite physical branch closures, digital banking options such as UPI,IMPS,online banking, and mobile apps provide access to banking services like money transfers,bill payments, and others.

Banks are shut in the following cities: Agartala,Aizawl,Belapur, Bhopal,Dehradun,Itanagar,Jammu,Kanpur,Kolkata,Lucknow,Mumbai,Nagpur,New Delhi,Raipur,Ranchi,Shimla, and Srinagar.