
Is today, May 1, a bank holiday across India? Check RBI listBank holiday 2026: If you are planning to go to the bank today, it would be advisable to check if it is a holiday for banks in your state. Banks across the country follow the holiday list issued by the Reserve Bank of India (RBI) under categories such as negotiable instruments, closing of accounts or simply national holidays.
May 1 is observed as May Day (Labour Day) across the country. Labour Day, synonymous with International Workers’ Day, is a public holiday observed annually to celebrate the labour movement and its achievements. The day has its origins in the labour union movement that advocated for dividing the day into three equal parts, leaving eight hours for work, and splitting the eight hours each for recreation, and rest.