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Bank Holidays in January 2025: Plan your financial activities around these dates

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Bank

As we enter 2025, it’s essential to plan your financial activities with awareness of the bank holidays in January. With approximately 15 holidays, including regular weekends and select regional holidays, banking operations will be affected during this time.

The month kicks off with a holiday on January 1st, marking New Year’s Day in some regions. Following that, there will be regular weekly holidays, such as the second and fourth Saturdays, as well as Sundays, adding to the total number of days when banks may remain closed.

Although banks will be unavailable on these holidays, customers need not worry, as most daily banking transactions can still be carried out through internet banking and ATMs. However, banking operations may be limited on these dates, so it’s advisable to confirm the specific holidays with your local bank branch to avoid any disruptions in your financial activities.

Here’s a list of the bank holidays in January 2025:

  • 1 January 2025, Wednesday: New Year’s Day – Nationwide
  • 6 January 2025, Monday: Guru Gobind Singh Jayanti – Observed in several states
  • 11 January 2025, Saturday: Missionary Day – Mizoram
  • 11 January 2025, Saturday: Second Saturday – Nationwide
  • 12 January 2025, Sunday: Swami Vivekananda Jayanti – West Bengal
  • 13 January 2025, Monday: Lohri – Punjab and other states
  • 14 January 2025, Tuesday: Sankranti – Observed in several states
  • 14 January 2025, Tuesday: Pongal – Tamil Nadu, Andhra Pradesh
  • 15 January 2025, Wednesday: Thiruvalluvar Day – Tamil Nadu
  • 15 January 2025, Wednesday: Tusu Puja – West Bengal and Assam
  • 23 January 2025, Thursday: Netaji Subhas Chandra Bose Jayanti – Observed in many states
  • 24 January 2025, Saturday: Fourth Saturday – Nationwide
  • 26 January 2025, Sunday: Republic Day – Nationwide
  • 30 January 2025, Thursday: Sonam Losar – Sikkim

Important Note:
The Reserve Bank of India (RBI) will soon issue the official list of holidays for the month. While bank branches remain closed, ATMs and online banking platforms will generally be available for most financial transactions.

To avoid any inconvenience, it’s always a good idea to confirm specific holiday dates with your local bank. This will help you schedule important payments, bank visits, or other financial tasks without delays.

By being proactive and planning ahead, you can ensure that your financial activities continue smoothly throughout the holiday season.

India News

Srinagar city centre sealed after protests over Khamenei death turn violent

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Ayatollah Ali Khamenei

Tension gripped Srinagar on Monday after clashes broke out between protesters and security forces over the killing of Iranian Supreme Leader Ali Khamenei.

Police stopped a crowd attempting to march towards Lal Chowk, the city’s main commercial hub. This led to intense stone-pelting, prompting security forces to use tear gas and batons to disperse the protesters.

Clashes at multiple locations

Authorities did not permit any major protest in the Valley, but smaller groups gathered at different points across Srinagar. Clashes were reported at four separate locations in the city.

At Shalteng on the Srinagar-Baramulla highway, demonstrators hurled stones at security personnel and attempted to block traffic. Some private vehicles were damaged during the unrest. Protesters raised slogans in support of Khamenei while expressing anger over his killing.

After several hours of confrontation, police cleared the area and restored traffic movement.

Restrictions imposed across Kashmir

A day earlier, thousands had assembled at Lal Chowk in protest, though Sunday’s demonstrations remained peaceful. By evening, authorities began implementing preventive measures to stop further escalation.

On Monday, Lal Chowk was sealed with metal barricades and concertina wires at all entry and exit points. Mobile internet services were restricted, and schools and colleges across Kashmir were ordered shut for two days.

Large crowds had also gathered outside the headquarters of the United Nations Military Observer Group in India and Pakistan in Srinagar, raising slogans against the United States, Israel and their allies.

Officials said this was the first instance in several years that Srinagar witnessed such clashes and stone-pelting incidents.

Khamenei, regarded as a central religious authority among Shia Muslims, drew strong reactions in parts of the Valley and Ladakh following news of his killing.

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India stands for peace amid West Asia crisis, says PM Narendra Modi

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Prime Minister Narendra Modi on Monday described the situation in West Asia as “worrying” and reiterated that India supports peace and stability in the region.

Addressing a joint press briefing with Canadian Prime Minister Mark Carney, Mr Modi said India has consistently advocated dialogue and diplomacy as the only viable path to resolving conflicts.

“India stands for peace and stability,” the Prime Minister said, underlining New Delhi’s long-standing position that disputes must be settled through talks.

Government monitoring developments closely

Mr Modi assured that the government is closely tracking the fast-changing situation and is in touch with countries in the region to ensure the safety of Indian citizens.

“We are working closely with every country to ensure the safety of all Indian nationals in the region,” he said.

His remarks came a day after he chaired a meeting of the Cabinet Committee on Security (CCS), the country’s highest decision-making body on security and strategic affairs, to review the evolving crisis in West Asia.

Following the meeting, Mr Modi also held a telephonic conversation with Israeli Prime Minister Benjamin Netanyahu amid escalating tensions in the Middle East.

Background of rising tensions

According to government sources, Iran’s Supreme Leader Ali Khamenei had a strained record with India. Between 2017 and 2024, he allegedly intervened four times in matters described as internal affairs, prompting India’s Ministry of External Affairs to summon Iranian envoys on each occasion.

The current escalation follows large-scale attacks launched by the United States and Israel on Iran on Saturday. Officials said the strikes killed Ali Khamenei, targeted more than 1,000 locations, and damaged Iranian warships.

Iran responded with drone and missile attacks on military bases in Kuwait and Bahrain, and by targeting three US and UK oil tankers in the Gulf and the Strait of Hormuz.

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Centre warns states of possible violence amid Iran-Israel tensions

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Israel news

As tensions between Iran and Israel escalate following the reported killing of Iran’s Supreme Leader Ali Khamenei, the Centre has issued a nationwide alert asking states to remain vigilant against possible violence and protests.

According to sources, the Ministry of Home Affairs (MHA) has asked state governments to closely track activities of both pro-Iran and anti-Iran groups. The advisory comes after reports of protests by members of the Shia community in different parts of the country following the February 28 killing of the Iranian leader.

Heightened security around embassies and key sites

The MHA has cautioned that international developments could have repercussions for India’s internal security. States have been instructed to enhance security arrangements, particularly around the Iranian, US and Israeli embassies and consulates.

In addition to diplomatic missions, the alert includes tourist destinations, Jewish institutions and establishments linked to Western countries as potentially sensitive locations. States have been advised to increase deployment of security personnel at key sites and maintain a visible presence to deter any untoward incidents.

Police units have also been directed to carry out intensified checks in crowded areas and remain alert to the possibility of explosives, including Improvised Explosive Devices (IEDs).

Monitoring of social media and rapid response preparedness

The advisory places special emphasis on surveillance of social media platforms to prevent the circulation of inflammatory content or rumours that could disturb communal harmony. Cyber cells across states have been tasked with monitoring digital spaces for provocative messages.

Directors General of Police have been asked to ensure that rapid response teams are on standby to deal swiftly with any emerging situation.

Escalation in West Asia

The developments come after Israel, with support from the United States, launched strikes on Tehran, triggering a renewed phase of military confrontation in the region. The Pentagon reportedly named the operation “Operation Epic Fury”.

Explosions were heard across the Iranian capital, with reports suggesting that the strikes occurred near the offices of Ali Khamenei. Former US President Donald Trump later announced that Khamenei had been killed.

Subsequently, Israel carried out strikes targeting Beirut and southern Lebanon, citing retaliation for attacks by Hezbollah following the killing of the Iranian leader.

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