Rath Yatra 2025 Bank Holiday: Banks across India will observe varying holidays in different states over the coming week due to Rath Yatra celebrations. The Reserve Bank of India (RBI), in coordination with state governments, publishes an annual list of bank holidays. These are based on national and regional events, religious observances, operational requirements, and cultural traditions.
Rath Yatra falls on June 27, 2025, and banks in some states will remain closed in observance of the festival. Here's a look at where banks will remain shut this Friday.
Rath Yatra 2025 Bank Holiday
According to the Reserve Bank of India's official holiday calendar, banks in June 2025 were scheduled to remain closed for four days, excluding regular weekly offs (Sundays and second/fourth Saturdays). Among these, June 27, 2025, stands out as a significant holiday in two Indian states, where banks will be shut in observance of local festivals. The RBI has formally notified the closure under its holiday classification system.
The RBI categorises bank holidays under the following three types:
Holidays under the Negotiable Instruments Act
Holidays under the Negotiable Instruments Act and Real-Time Gross Settlement (RTGS) Holidays
Bank Account Closing Holidays
These categories help streamline operations while accounting for regional and national observances, ensuring clarity for both banking institutions and the public.
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Rath Yatra Bank Holiday on June 27, 2025
Banks in Odisha and Manipur will remain closed on Friday, June 27, 2025, in observance of Ratha Yatra and Kang (Rathajatra), respectively. These closures fall under the ‘Holiday’ under the Negotiable Instruments Act, as per the RBI’s official list.
Bank Holiday on June 28, 2025
Banks will also be closed on June 28, 2025, as it marks the fourth Saturday of the month. According to RBI regulations, banks remain closed on the second and fourth Saturdays of each month.
Bank Holiday on June 29, 2025
As usual, June 29, 2025 (Sunday), is a weekly off for banks across the country.
About Rath Yatra in Odisha
Ratha Yatra is one of the most significant Hindu festivals held annually in Puri, Odisha. It commemorates the grand procession of Lord Jagannath, accompanied by his siblings, Balabhadra and Subhadra, as they are taken from the main Jagannath Temple to the Gundicha Temple in elaborately decorated chariots. The event draws lakhs of devotees from across the country each year.
About the Kang Festival in Manipur
In Manipur, the festival is known as Kang, celebrated by the Meitei Vaishnavite community. It mirrors the traditions of Odisha’s Rath Yatra, commemorating the journey of Lord Jagannath and his siblings. The festival is a significant cultural and religious event in the state, deeply rooted in Vaishnavism and local tradition.
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Bank Holidays In June 2025
Here’s a list of the remaining bank holidays in June:
- June 27 (Friday): Ratha Yatra / Kang (Rathajatra) - Banks will remain closed in Odisha and Manipur.
- June 28 (Saturday): Fourth Saturday- Banks will be closed nationwide as per RBI guidelines.
- June 29 (Sunday): Weekly Off - Nationwide bank holiday.
- June 30 (Monday): Remna Ni - Banks will remain closed in Mizoram.
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