Public holidays in May 2022: The season for welcoming the new year according to the Indian calendar is over and people are ready to welcome the month of May. As a new month starts in a few days, a new set of public holidays will also apply. This means that there will be a new list of public holidays in May 2022. The list of public holidays next month has already been prepared by the Reserve Bank of India, or RBI, which makes a plan at the beginning of each year according to which lenders get their annual leave. On public holidays notified by the RBI, branches of all public, private, foreign banks, cooperative banks and regional banks remain closed.
Banks in all private and public sectors in India will remain closed for up to 11 days in May, according to the list prepared by the RBI. Holidays come into effect under three categories including “Negotiable Instruments Act Holiday”, “Negotiable Instruments Act Holiday and Real-Time Gross Settlement Holiday” and “Close Accounts of banks”. A public holiday is effective due to the “bank accounts closing” on April 1, when the majority of banks across the country remain closed, while the “public holiday under the Negotiable Instruments Act” categorization records the greatest number of public holidays.
There are four public holidays this month under the Public Holidays Act in the form of negotiable instruments, while the other seven are weekend holidays. However, it should be noted that public holidays come into effect, in most cases, depending on the region in which a particular branch is located. This means that most holidays are region specific. This applies to public holidays in May.
For example, banks in Kolkata will be closed on May 9 on Ranbindranath Tagore’s birthday, while there is no public holiday on that day in other parts of the country. Meanwhile, there is a public holiday in Kochi and Thiruvanathapuram to observe Eid-UI-Fitra on May 2. On the other hand, there is a nationwide public holiday on May 3, except for these two areas, to observe Bhagvan Shree Parshuram Jayanti, Ramjan-Eid (Eid-UI-Fitra), Basava Jayanti and Akshaya Tritiya. Also keep in mind that there is another public holiday in all bank branches in Agartala, Belapur, Bhopal, Chandigarh, Dehradun, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar. , on the occasion of Buddh Purnima on May 16.
Here is the complete list of public holidays in May 2022 (from May 1, 2022)
List of holidays according to the Public Holidays Act under negotiable securities
May 2nd: Ramjan-Eid (Eid-UI-Fitra) — Kochi and Thiruvananthapuram
May 3: Bhagvan Shree Parshuram Jayanti/ Ramjan-Eid (Eid-UI-Fitra)/ Basava Jayanti/ Akshaya Tritiya — Everywhere in India except Kochi and Thiruvananthapuram
May 9: Birthday of Rabindranath Tagore — Kolkata
May 16: Buddha Purnima – Agartala, Belapur, Bhopal, Chandigarh, Dehradun, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar
List of weekend holidays
May 1: Sunday
May 8: Sunday
May 14: Second Saturday
May 15: Sunday
May 22: Sunday
May 28: fourth saturday
May 29: Sunday
So, if you have bank-related jobs, you should contact your local branch to confirm public holidays in May as per your area to avoid any hassle.
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