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5d ago

Mumbai Observes Rescheduled Eid-e-Milad-un-Nabi Holiday on Sept. 8 as Banks Shut and Markets Trade

Authorities shifted the date to prevent a clash with Ganesh immersion events.

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Will the stock market, including the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE), be operational today, Monday September 8?
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Bank Holiday Today

Overview

  • The Maharashtra GAD moved the public holiday for Mumbai city and suburban districts from September 5 to September 8, leaving other districts on the original date.
  • The RBI revised the Mumbai bank holiday to September 8 and paused transactions and settlements in G-Secs, forex, money markets and rupee interest rate derivatives, with dues deferred to September 9.
  • Bank branches, schools and government offices in Mumbai are closed today, while ATMs, UPI and online banking remain available.
  • The BSE and NSE are open for trading on September 8, with no exchange holiday listed for the month.
  • Milad-un-Nabi processions and congregational observances proceeded in Mumbai as planned, including gatherings at Mahim Dargah.