Today, June 27, 2025, banks in parts of India are closed because of the Jagannath Rath Yatra, which is an important festival mainly celebrated in Odisha and Manipur. This closure has been officially announced by the Reserve Bank of India (RBI) under the Negotiable Instruments Act. The holiday affects both public sector and private sector banks in these two states.
Since branches are shut, customers will not be able to do in-person transactions such as cash deposits, cheque processing, and updating accounts.
Even though physical bank branches are closed, digital banking channels remain available. You can still access ATMs, do online banking, use UPI, and make payments or transfers through mobile banking apps without any problem.
In addition to today’s Rath Yatra holiday, there will be more closures over the coming days. Banks in these regions will also stay closed on Saturday, June 28, since it is the fourth Saturday of the month—a day banks usually remain shut.
Banks will again be closed on Sunday, June 29, due to the regular weekly holiday. This means customers who rely on visiting their bank branches in Manipur and Odisha will experience a three-day break in services. If you have any urgent banking work, you will need to wait until Monday, when normal operations will resume.
In Mizoram, banks will remain closed on Monday, June 30, because of Remna Ni, the day that marks the anniversary of the signing of the Mizoram Peace Accord.
This closure follows the weekend holidays, so banks in Mizoram will be shut for four days in a row—from Saturday through Monday.
While banks are closed in Odisha and Manipur, the stock markets are operating normally. According to the official trading holiday calendar published by the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), there is no stock market holiday today for Rath Yatra.
This means that trading in all segments—Equity, Equity Derivatives, Securities Lending and Borrowing (SLB), Currency Derivatives, NDS-RST, Tri-Party Repo, Commodity Derivatives, and Electronic Gold Receipts—will continue as usual.
The next scheduled holiday for Indian stock exchanges is on August 15, 2025, when the country celebrates Independence Day. After that, the markets will be closed again on August 27, 2025, for Ganesh Chaturthi.
Later in October, there will be three holidays:
Additionally, there is a holiday on November 5, 2025, for Prakash Gurpurb Sri Guru Nanak Dev and on December 25, 2025, for Christmas.
Read More: Share Market Holiday List 2025!
To sum it up, if you are in Odisha or Manipur and need to visit your bank, you will have to wait until Monday, since branches are closed today and over the weekend. However, your online banking services like UPI, ATMs, and mobile apps will still work without any issues. Investors can trade freely today, as there is no stock market holiday. Make sure to plan your financial activities accordingly so you do not face delays.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Jun 27, 2025, 9:35 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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