Private and public sector banks across India will remain closed for two days between May 4-10, 2026, according to the Reserve Bank of India (RBI) calendar. The closure includes May 9 (Saturday) - Birthday of Rabindranath Tagore and May 10 (Sunday) - Weekend holiday. As reported by Mint, this represents a total of six holidays in May 2026 for all lenders, including major banks such as State Bank of India (SBI), HDFC Bank, and ICICI Bank.
The May 9 holiday is unique as it applies only to Kolkata banks, while other parts of the country remain open. According to Mint, this variation is due to the local observance of Rabindranath Tagore Jayanti, which falls on May 7 but is celebrated on May 9 this year. The May 10 closure is a mandatory weekend holiday that affects all banks nationwide.
Despite physical branch closures, essential banking services remain operational nationwide during these holidays. As reported by Mint, customers can continue using UPI services, bank apps, NEFT/RTGS transfers, and ATM cards for various transactions. The article notes that online banking services work round the clock and remain available even when physical branches are closed, though scheduled maintenance may occasionally affect service availability.
According to RBI guidelines, banks typically remain open on first, third, and fifth Saturdays of each month, unless specific public or regional holidays are declared. As reported by Mint, the second and fourth Saturdays of every month are mandatory closure days, along with all Sundays. The RBI calendar serves as the official reference for bank holiday schedules across India, with state-wise variations depending on regional and local observances.
