Bank holiday on May 1: Banks will be closed on May 1 in some states in the country. May 1 is celebrated as Maharashtra Day as it marks the anniversary of the day in 1960 when the state of Maharashtra was officially formed. The day is also observed as Labour Day to honour the contributions of workers and the labour movement.
Banks will be closed on May 1 in Thiruvananthapuram, Patna, Panaji, Nagpur, Mumbai, Kolkata, Kochi, Imphal, Guwahati, Hyderabad, Chennai, Bangalore, Belapur as per the Reserve Bank of India (RBI) holiday calendar.
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