Overview
- Labour Day 2025, also known as May Day, will be observed on May 1 to honor workers' contributions and rights.
- The public holiday coincides with Maharashtra Day, marking the state's formation in 1960, and is officially recognized in several Indian states.
- Banks, schools, and stock markets like the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) will remain closed on May 1, 2025, in states such as Maharashtra, Tamil Nadu, and West Bengal.
- Under the Negotiable Instruments Act, states including Assam, Bihar, Goa, and Delhi have also declared a bank holiday on this date.
- Despite physical branch closures, essential banking services such as ATMs and online transactions will continue to operate without disruption.