Bank holiday today Oct 26: Why are branches at some locations closed today despite Monday working day? RBI calendar list

Bank branches across India will remain closed on Monday, October 26, despite it being a regular working day. This closure is due to a scheduled bank holiday observed by the Reserve Bank of India (RBI) for the festival of Karwa Chauth. Consequently, customers cannot visit physical locations for cash deposits, withdrawals, or other in-person transactions.
For investors, this is a routine administrative matter and does not impact financial markets or trading. While physical access to bank services is paused, digital banking platforms such as mobile apps and internet banking continue to operate normally. Customers can still perform online transactions, pay bills, and transfer funds without interruption.
Excerpt from Mint
Banks are closed on Monday, October 26, on the RBI’s October 2026 calendar. Public and private bank branches are affected, but online banking and banking apps remain available. Bank branches in five cities are closed today, Monday, October 26, despite usual Monday operations. The closures mark Laxmi Puja, Accession…Read the original at Mint
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