“Under the explanation to Section 25 of the Negotiable Instruments Act, 1881 (Central Act 26 of 1881) read with the Notification of the Government of India, Ministry of Home Affairs No. 20/25/56/Pub-1 dated 8th June 1957, the Government of Kerala are hereby pleased to declare that in addition to Sundays, expressly defined as Public Holidays in the said explanation, the following days shall be Public Holidays under Negotiable Instruments Act in Kerala for the Calendar year 2025:”
Sr.No | Date | Day | Occasion/Festival Date |
26.01.2025 | SUNDAY | REPUBLIC DAY | |
1 | 26.02.2025 | Wednesday | MAHASHIVARATRI |
2 | 31.03.2025 | Monday | EID-UL-FITR/RAMZAN* |
3 | 01.04.2025 | Tuesday | BANKS’ ANNUAL CLOSING OF ACCOUNTS (holiday only for banks) |
4 | 14.04.2025 | Monday | VISHU/ Dr.B.R AMBEDKAR BIRTH DAY |
5 | 18.04.2025 | Friday | GOOD FRIDAY |
6 | 01.05.2025 | Thursday | MAY DAY |
7 | 06.06.2025 | Friday | ID-UL-ADHA/BAKRID* |
8 | 15.08.2025 | Friday | INDEPENDENCE DAY |
9 | 04.09.2025 | Thursday | FIRST ONAM |
10 | 05.09.2025 | Friday | THIRU ONAM/ MILAD-I-SHERIEF (Birthday of Prophet Mohammed) * |
11 | 01.10.2025 | Wednesday | MAHANAVAMI |
12 | 02.10.2025 | Thursday | VIJAYA DASHAMI /MAHATMA GANDHI JAYANTHI |
13 | 20.10.2025 | Monday | DEEPAVALI |
14 | 25.12.2025 | Thursday | CHRISTMAS |
* Subject to change depending on the appearance of the moon.
All Sundays and 2nd & 4th Saturdays are Bank Holidays under the explanation to section 25 of the Negotiable Instrument Act 1881. The following festivals /occasions that fall on public holidays (second Saturday/Sunday) have been excluded from the above list. The branches of banks who work on these days may observe a holiday for the same dates
The marginal cost of capital (MCC) is the total combined cost of debt, equity, and…
The weighted average cost of capital (WACC) is the average rate that a business pays…
The Reserve Bank of India (RBI) defines a personal loan as a type of unsecured…
A share is a unit of ownership in a company and has an exchangeable value…
The cost of debt is the interest rate a company pays on its debt, and…
This article explains the assumptions and key aspects of approaches to capital structuring, including the…