New Year 2025

With the new year fast approaching, preparations are underway for welcoming 2025. Here’s a look at what’s open and closed on January 1, 2025, across major Indian cities like Mumbai, Delhi, Bengaluru, Chennai, and Hyderabad.

Are Banks Closed?

While the Reserve Bank of India (RBI) has yet to announce its official list of holidays for 2025, it is anticipated that January 1st will be a holiday for the New Year. It’s advisable to check with your local bank branch for their specific holiday schedule.

Are Schools Closed?

In New Delhi and the northern states of Punjab and Haryana, schools will be on winter break from January 1 to 15, 2025. Schools in Jammu and Kashmir will remain closed until February 2025. Meanwhile, Rajasthan schools are closed until January 5, 2025.

Are Markets Closed?

The BSE and NSE have published their holiday schedule for 2025, and January 1st is not designated as a holiday. Trading activities in India’s stock markets will proceed as usual on the first day of the year.