Bank branches in 19 cities across India will remain closed on Wednesday, August 26, for Id-E-Milad, Milad-un-Nabi and Thiruvonam, according to the Reserve Bank of India's (RBI) holiday calendar, as cited in a Business Today report. The affected centres are Belapur, Bengaluru, Bhopal, Chennai, Dehradun, Hyderabad, Imphal, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, New Delhi, Patna, Raipur, Ranchi, Srinagar and Thiruvananthapuram.
The holiday is linked to Id-E-Milad/Baravafat/Milad-un-Nabi, with Thiruvonam also observed in Kerala, the report said. The shutdown is not applicable to bank branches across the country, so branches in other cities will operate as usual. For corporate finance teams, the key operational constraint is that services requiring a physical branch visit — document submission, verification or certain account-related requests — will not be available at the closed branches, according to the report.
Which Cities Have Closed Branches?
The RBI holiday calendar lists the following centres where banks will remain closed for the day, according to the report:
- Belapur
- Bengaluru
- Bhopal
- Chennai
- Dehradun
- Hyderabad
- Imphal
- Jammu
- Kanpur
- Kochi
- Lucknow
- Mumbai
- Nagpur
- New Delhi
- Patna
- Raipur
- Ranchi
- Srinagar
- Thiruvananthapuram
What Banking Services Remain Available?
A bank holiday affects physical branch operations but does not mean that all banking services stop, the report said. Customers can continue using ATMs, UPI, internet banking and mobile banking for most routine transactions, subject to scheduled maintenance. The availability of services is summarised below:
| Service | Availability on August 26 |
|---|---|
| ATMs | Available, subject to scheduled maintenance |
| UPI | Available, subject to scheduled maintenance |
| Internet banking | Available, subject to scheduled maintenance |
| Mobile banking | Available, subject to scheduled maintenance |
| Document submission | Not available at closed branches |
| Verification and account-related requests | Not available at closed branches |
The report advised customers to check their specific branch's holiday calendar before visiting, as bank holidays can vary by city and state.
Next Bank Holidays After August 26
Banks across India will remain closed on Sunday, August 30, as part of the regular Sunday holiday, according to the report. The next major state-specific closures after August 26 are scheduled for August 28, when branches in several centres will close for Raksha Bandhan and other regional observances.
Implications for Treasury and Trade Finance Operations
The August 26 closure spans several of India's main commercial and financial centres — Mumbai, New Delhi, Chennai, Bengaluru, Hyderabad and Kanpur, among others — according to the RBI holiday calendar cited by Business Today. For CFOs, treasury directors and trade finance professionals, the practical impact is that any transaction requiring in-branch document submission, verification or account-related requests will be delayed in these cities for the day, the report said. Digital payment rails — UPI, internet banking, mobile banking and ATMs — remain operational, so routine cash and payment flows can continue, subject to scheduled maintenance. The state-wise nature of the holiday, however, means that branch availability is not uniform across the country, and companies with operations in multiple centres should align their banking calendars with the RBI holiday schedule before planning time-sensitive submissions, according to the report.
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