Usually, there is no holiday on a Tuesday, so why are banks closed today? You can find out the reason for this holiday here.

Banks are closed today, August 25. You might be wondering why the RBI has declared a holiday on a Tuesday; we explain the reason for today's bank closure here. You can also check if this holiday applies to your city.

Are banks closed nationwide?

No, the holiday is not nationwide; it applies only to select states. Banking operations will be suspended today only in Kerala and Andhra Pradesh. Banks will remain open and function normally in Delhi, Mumbai, Bihar, and other states.

Why are banks closed?

August 25 marks Eid-e-Milad-un-Nabi (Barawafat)—the birthday of Prophet Muhammad. Additionally, today is the first day of Onam, known as Thiruvonam. These are the reasons for the bank holiday today.

Why is there a holiday tomorrow?

Banks will remain closed not just today, but also tomorrow, August 26. This holiday is also for Barawafat and Thiruvonam. However, unlike today—when banks are closed only in Kerala and Andhra Pradesh—tomorrow (August 26), banks will be closed in all cities *except* Agartala, Ahmedabad, Aizawl, Bhubaneswar, Chandigarh, Gangtok, Guwahati, Itanagar, Jaipur, Kohima, Kolkata, Panaji, Shillong, and Shimla.