Eid-ul-Fitr: Are banks closed on March 31? RBI shares update

Eid-ul-Fitr: Are banks closed on March 31? RBI shares update

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Eid-ul-Fitr is a national holiday, but this time, it is falling on March 31, 2025 - the last working day of the financial year 2024-25.

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This is why many are confused about whether the banks will remain open or closed on Eid-ul-Fitr.

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Initially, it was declared a bank holiday by the Reserve Bank of India.

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However, the Central Bank has now cancelled the holiday.

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According to RBI, all banking services will remain operational on March 31.

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The move aims to make sure that all financial transactions for the fiscal year 2024-25 are completed before the new financial year.

Image Source : Freepik

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