Banks to remain closed for 12 days in May 2023; check full bank holiday list here Bank Holidays May 2023: Banks will remain closed for twelve days in May 2023 including weekends, according to the Reserve Bank of India’s holiday list. These holidays include second and fourth Saturdays, as well as Sundays. The central bank has placed the holidays under three brackets: Holidays under the Negotiable Instruments Act; Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement Holidays; and Banks’ Closing of Accounts. Some of these bank holidays are state-specific. Banks remain closed on the second and fourth Saturdays of every month. In April, banks stayed closed for fifteen days, including second and fourth Saturdays and Sundays. On other Saturdays, banks stay operational full-day. Meanwhile, banks across the country remain closed on Sundays.Bank Holidays May 2023 May 1 – Maharashtra Day/May Day – Belapur, Bengaluru, Chennai, Guwahati, Hyderabad – Andhra Pradesh, Hyderabad – Telangana, Imphal, Kochi, Kolkata, Mumbai, Nagpur, Panaji, Patna and Thiruvananthapuram May 5 – Buddha Purnima – Agartala, Aizawl, Belapur, Bhopal, Chandigarh, Dehradun, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla and Srinagar May 9 – Birthday of Rabindranath Tagore – Kolkata May 16 – State Day – Gangtok May 22 – Maharana Pratap Jayanti – Shimla May 7 – Sunday May 13 – Second Saturday May 14 – Sunday May 21 – Sunday May 27 – Fourth Saturday May 28 – Sunday 29 June: Bakrid/ Eid al Adha 29 July: Muharram 15 August: Independence Day 16 August: Parsi New Year 31 August: Raksha Bandhan 7 September: Janmashtami 19 September: Ganesh Chaturthi 28 September: Eid e Milad 2 October: Gandhi Jayanti 21 October: Maha Saptami 22 October: Maha Ashtami 23 October: Maha Navami 24 October: Vijaya Dashami 12 November: Diwali 13 November: Deepavali Holiday 15 November: Bhai Dooj 27 November: Guru Nanak Jayanti 25 December: Christmas Day
The launched works involve rehabilitating the Galgamuwa Railway Station and upgrading the railway line from Maho to Anuradhapura, including additional tasks. Another project is the second phase of track rehabilitation from Maho to Omanthai (128 kms), funded by a $318 million Indian Line of Credit.
Transport Minister Gunawardena praised the efforts of Indian company IRCON in Sri Lanka and called for more cooperation in the railway sector. State Minister Shantha Bandara and officials from the Sri Lankan Ministry of Transport attended the event.
Railways is a priority for Indian assistance in Sri Lanka, with over $1 billion invested under five Indian Lines of Credit. IRCON has been involved in Sri Lanks since 2009. It has contributed to the modernisation of Sri Lanka Railways by reconstructing the entire railway line network in the Northern Province (253 Km) and upgradation of the Southern line (115 km), as well as improving safety through advanced signalling and telecommunication systems.
Despite Sri Lanka’s debt standstill in April 2022, India’s support under various Lines of Credit has continued.
(With PTI inputs)