Bank holiday today, March 31 -- Banks in several parts of India will remain closed on Tuesday, 31 March, on the account of Mahavir Jayanti. The holiday applies in major cities such as Ahmedabad, Mumbai, New Delhi and Kolkata.

The bank holiday today is scheduled as part of the Reserve Bank of India (RBI) bank holiday calendar, which is released at the beginning of every year. According to the RBI calendar, March had a total of 18 bank holidays, including today, which marks the final holiday of the month.

Bank holidays in India vary by state and are based on local festivals and observances. As a result, bank closures are not uniform across the country. While branches in select cities will shut on the occasion of Mahavir Jayanti, others ma...