India’s banking services will remain partially affected on Thursday, July 16, as banks in select states are closed to observe regional festivals, according to the Reserve Bank of India’s (RBI) holiday calendar for the financial year 2026-27.
Customers in most parts of the country can continue to access banking services as usual, while branches in Odisha, Uttarakhand and Manipur will remain shut for local celebrations.
Banks closed today in these states
Banks will remain closed on July 16 in the following states:
- Odisha – Rath Yatra
- Uttarakhand – Harela
- Manipur – Kang festival
Apart from these states, bank branches across the rest of India are expected to function normally.
How does RBI decide bank holidays?
The Reserve Bank of India prepares a state-wise holiday calendar covering national, religious and regional occasions. Since several festivals are celebrated only in specific states, bank holidays may differ from one region to another.
In addition to these notified holidays, banks across the country remain closed on the second and fourth Saturdays of every month, as well as on all Sundays.
When is the next bank holiday?
According to the RBI’s holiday schedule, the next notified bank holiday falls on July 17, 2026, in Sikkim to mark the Death Anniversary of U Tirot Singh.
Customers are advised to check the holiday schedule applicable to their respective state before planning a visit to a bank branch.
Will online banking services remain available?
Although physical bank branches may remain closed in the affected states, customers can continue using digital banking services. Mobile banking, internet banking, UPI transactions, ATM withdrawals and other online banking facilities are expected to remain available, enabling uninterrupted access to essential financial services.