New Delhi, May 16 -- As we observe another Saturday of the month, the confusion bank holiday arises. Account holders and registered bank customers who wish to carry out important banking transactions at SBI, HDFC, ICICI, PNB and other bank branches must stay updated with Reserve Bank of India's (RBI) monthly holiday calendar that determines days on which banks are closed or open and whether physical banking services will be offered on that specific day.

Banks across India will remain open today, 16 May, as it is the third Saturday of the month. Since, banking activities at physical branches remain suspended only on second and fourth Saturday of every month, this Saturday is not a holiday for banks.

However, banks in some states can rema...