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Bank Holidays May 2023: Banks to remain shut for 12 days, check state-wise holiday list here

Important events like Labour Day, Maharashtra Day, Buddha Purnima, Rabindranath Tagore’s birth anniversary, and Maharana Pratak Jayanti will fall in May 2023.

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Bank Holidays May 2023

Every month, both private and public banks are shut across the country for festivals and also weekends. Since May is almost around the corner, people who have banks visit planned are advised to check with the bank calendar to avoid any inconvenience.

In the fifth month of the year, banks will remain shut for 12 days in different states including second and fourth Saturdays and Sundays. Regional holidays are decided by the state governments.

The Reserve Bank of India (RBI) has declared bank holidays on May 1, 5, 9, 16, 22, and 24 under the Negotiable Instruments Act. Additionally, there are also four Sundays in May on May 7, 14, 21, and 28 and the second and fourth Saturdays on May 13 and 27.

Important events like Labour Day, Maharashtra Day, Buddha Purnima, Rabindranath Tagore’s birth anniversary, and Maharana Pratak Jayanti will fall in May 2023 which might affect bank-related works. However, people can still use ATMs to draw and deposit cash.

State-wise holiday list here

DateDayHolidayState
May 01, 2023MondayMaharashtra Day/May DayMany states in the country
May 05, 2023FridayBuddha PurnimaMany states in the country
May 07, 2023SundayWeekend HolidayAll Over India
May 09, 2023TuesdayBirth Anniversary of Rabindranath TagoreWest Bengal
May 13, 2023SaturdaySecond Saturday of the monthAll Over India
May 14, 2023SundayWeekend Bank HolidayAll Over India
May 16, 2023TuesdayState DaySikkim
May 21, 2023SundayWeekend HolidayAll Over India
May 22, 2023MondayMaharana Pratap JayantiMany states in the country
May 24, 2023WednesdayKazi Nazrul Islam JayantiTripura
May 27, 2023SaturdayFourth Saturday of the monthAll Over India
May 28, 2023SundayWeekend Bank HolidayAll Over India

India News

PM Modi to visit Hyderabad in first Telangana trip since 2024 Lok Sabha victory

PM Modi will visit Hyderabad on May 10 in his first Telangana trip since the 2024 Lok Sabha elections and unveil projects worth over Rs 7,800 crore.

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PM Modi

Prime Minister Narendra Modi will visit Hyderabad on May 10 to launch and inaugurate projects worth over Rs 7,800 crore while addressing a major BJP public meeting in Secunderabad

Prime Minister Narendra Modi will visit Hyderabad on Saturday in his first trip to Telangana after returning to power for a third term following the 2024 Lok Sabha elections. The visit is expected to combine infrastructure announcements with a major political outreach programme ahead of upcoming local body elections in the state.

During the visit, the Prime Minister will inaugurate and lay foundation stones for multiple development projects collectively valued at around Rs 7,823 crore. Among the key projects is the integrated industrial smart city at Zaheerabad under the Hyderabad-Nagpur Industrial Corridor, being developed at a cost of Rs 2,360 crore across 3,245 acres.

PM Modi is also scheduled to inaugurate the PM MITRA Kakatiya Mega Textile Park in Warangal. The project, estimated at nearly Rs 1,695 crore, is expected to attract major investments and generate employment opportunities in the textile and apparel sector.

Railway, highway and petroleum infrastructure projects are also part of the programme. These include the third railway line between Kazipet and Vijayawada and national highway works in Mahabubnagar district. A petroleum storage and distribution terminal in Hyderabad is also expected to be inaugurated.

Apart from official engagements, the Prime Minister will visit HITEC City to inaugurate Sindhu Hospital and interact with healthcare professionals before addressing a large public gathering at Parade Grounds in Secunderabad organised by the BJP’s Telangana unit.

The BJP has planned an extensive mobilisation drive for the event and is expecting a crowd of nearly two lakh people. The meeting is being seen as an important political show of strength as the party prepares for the upcoming Greater Hyderabad Municipal Corporation elections.

Security arrangements have also been tightened ahead of the Prime Minister’s visit, with restrictions imposed on drones, paragliders and microlight aircraft in parts of Hyderabad and Secunderabad.

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Punjab minister Sanjeev Arora arrested by ED after raids in money laundering probe

Punjab minister Sanjeev Arora was arrested by the ED after raids at multiple premises linked to him in Chandigarh and Delhi-NCR under the PMLA.

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ED conducted searches at multiple locations linked to Punjab minister Sanjeev Arora before arresting him under the Prevention of Money Laundering Act

Punjab minister and AAP leader Sanjeev Arora was arrested by the Enforcement Directorate (ED) on Saturday after the agency carried out raids at premises linked to him in Chandigarh and the Delhi-NCR region.

According to officials, the searches were conducted under the Prevention of Money Laundering Act (PMLA), 2002. The ED reportedly raided four locations connected to Arora and his associates before taking him into custody from his official residence in Chandigarh’s Sector 2.

Arora, 62, is the Aam Aadmi Party MLA from Ludhiana West and currently serves as a minister in the Punjab government led by Chief Minister Bhagwant Mann.

Reports said this is the third time this year that the ED has conducted action linked to Arora. Earlier raids were also carried out in April and earlier this month as part of an ongoing investigation.

The arrest triggered strong political reactions from the Aam Aadmi Party. AAP convenor Arvind Kejriwal criticised the BJP-led Centre, alleging misuse of central agencies against opposition leaders. Punjab Chief Minister Bhagwant Mann also attacked the BJP, saying Punjab would not be intimidated by such actions.

Several reports linked the ED action to an alleged money laundering probe connected to suspected fake GST transactions worth around ₹100 crore. However, the ED has not yet released a detailed official statement publicly outlining all allegations against the minister.

The arrest comes amid heightened political tensions in Punjab, where opposition parties and the ruling AAP have repeatedly clashed over corruption allegations and the use of investigative agencies.

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India News

Sheikh Hasina praises Suvendu Adhikari after Bengal oath ceremony

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Sheikh Hasina

Former Bangladesh Prime Minister Sheikh Hasina has congratulated Suvendu Adhikari following his swearing-in as West Bengal Chief Minister, praising his “strong, people-oriented leadership.”

Adhikari took oath as the state’s first BJP Chief Minister during a high-profile ceremony attended by Prime Minister Narendra Modi, Union ministers and several NDA chief ministers.

In her message, Hasina reportedly expressed hope that Adhikari’s tenure would strengthen regional cooperation and reflect the aspirations of the people of West Bengal.

The BJP secured a sweeping mandate in the 2026 West Bengal Assembly elections, winning 207 seats in the 294-member assembly and ending the long rule of the Trinamool Congress led by Mamata Banerjee.

Adhikari, who emerged as one of the BJP’s key faces in Bengal politics after joining the party in 2020, was formally elected leader of the BJP legislature party ahead of the oath-taking ceremony.

The new Bengal Chief Minister has said his government will focus on development, governance and implementation of the BJP’s election promises.

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