NEW DELHI: Eid al-Adha, also known as Bakrid or Eid ul-Zuha, is expected to be celebrated in India on Friday, June 7, depending on the sighting of the crescent moon.The day is likely to be observed as a public holiday across most parts of the country. Schools, colleges, banks, and government offices are expected to remain closed to mark the occasion.
Eid al-Adha: Will banks be open or closed on the occasion?
Banks in several parts of India will be closed for two days this week in observance of Eid al-Adha (Bakrid), according to the RBI holiday calendar.
- June 6 (Friday): Banks in Thiruvananthapuram and Kochi will be closed for Bakrid.
- June 7 (Saturday): Most banks across India will remain closed, except in Ahmedabad, Gangtok, Itanagar, Kochi, and Thiruvananthapuram, where they will operate as usual. These cities stay open because it’s the first Saturday, which is not a bank holiday.
- June 8 (Sunday): All banks across the country will be closed due to the regular weekly holiday.
Are NSE and BSE open or closed?
The Indian stock market (NSE & BSE) will remain open on both June 6 (Friday) and June 7 (Saturday). Both exchanges will follow their standard operating schedule as per their holiday calendar.
Will digital banking services be available?
Meanwhile, digital banking services like mobile banking, net banking, UPI, and IMPS will continue to work as usual, even if bank branches are closed in some areas. Customers can carry out all online transactions without any disruption.Essential services such as NEFT/RTGS transfers, demand draft processing, cheque book requests and card-related operations will remain available through digital channels, despite the bank holidays.
