Will Banks & Stock Markets Be Closed Around June 6-7 for Bakrid? Here’s What to Expect: Tezzbuzz  |  2025-06-07 04:24:17


Suspense crime, Digital Desk : With Eid al-Adha (also known as Bakrid) on the horizon for 2025, many are starting to wonder about potential public holidays, particularly for essential services like banks and the stock market. The key question is: will these institutions be closed around June 6th or 7th, 2025, for the festival?

Eid al-Adha is a major Islamic festival celebrated worldwide, and its date is determined by the sighting of the moon. For 2025, the festival is tentatively expected to fall on Friday, June 6th, or Saturday, June 7th, in India. This date can vary slightly based on the lunar calendar and official announcements.

Bank Closures for Eid al-Adha 2025:

Eid al-Adha is recognized as a gazetted holiday by the Central Government, meaning central government offices are typically closed. For banks, holidays are determined by a combination of Reserve Bank of India (RBI) guidelines and state-specific declarations.

  • Likely Scenario: Given its significance, banks in most states across India will likely be closed on the day Eid al-Adha is officially celebrated in 2025 (either June 6th or 7th).
  • Confirmation Needed: The exact list of bank holidays for 2025 will be published by the RBI and individual state governments closer to the year. It’s always best to check the official holiday calendar for your specific state and bank branch once it’s released.
  • Weekend Impact: If Eid falls on Saturday, June 7th, 2025, banks would already be closed for their usual weekend schedule in many places, in addition to any specific holiday declaration. June 8th would be a Sunday, also a standard bank holiday.

Stock Market (NSE & BSE) Closures for Eid al-Adha 2025:

The Indian stock exchanges, namely the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), also observe major national and religious holidays.

  • Typical Practice: Eid al-Adha is typically a trading holiday for both the NSE and BSE.
  • Likely Scenario: If the festival is officially declared on Friday, June 6th, 2025, the stock markets will almost certainly be closed. If it falls on Saturday, June 7th, the markets would already be closed for the weekend.
  • Official List: The definitive list of trading holidays for 2025 will be released by the NSE and BSE in due course, usually towards the end of the preceding year.

In Summary:

While the exact date of Eid al-Adha in 2025 depends on the moon sighting, it is highly probable that both banks (in most states) and the stock markets will be closed on the day the festival is observed, tentatively June 6th or 7th, 2025. For precise planning, refer to the official holiday calendars from the RBI, state governments, NSE, and BSE once they are published for 2025.

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