India, May 12 -- Banks will remain closed on Monday in several parts of the country due to Buddha Purnima, a major religious holiday. The Reserve Bank of India (RBI) has listed May 12 as a bank holiday in cities such as Mumbai, Delhi, Kolkata, Lucknow, Bhopal, Nagpur, Raipur, and others.

According to the RBI holiday calendar, this closure applies to the following cities: Agartala, Aizawl, Belapur, Bhopal, Dehradun, Itanagar, Jammu, Kanpur, Kolkata, Lucknow, Mumbai, Nagpur, New Delhi, Raipur, Ranchi, Shimla, and Srinagar.

This long weekend comes as banks were already closed on May 10 (Saturday) and May 11 (Sunday).

Buddha Purnima marks the birth and enlightenment of Gautama Buddha, the founder of Buddhism. It is celebrated on the full m...