New Delhi, March 28 -- This year, the last day of the financial year coincides with Eid-ul-Fitr celebrations. Hence, people must be curious to know whether all the major financial institutions, such as banks and income tax departments, will open or close on March 31, 2025.

The Reserve Bank of India in a circular issued on March 17, informed that all the banks will remain open on March 31, 2025. Previously, this day was marked as a holiday in several parts of the country according to the RBI calendar due to Id-ul-Fitr celebrations.

"With a view to providing greater convenience to taxpayers, it has been decided to keep the branches of Agency banks, dealing with Government business, open for transactions on March 31, 2025 (Monday-Public Ho...