The Government of Maharashtra has officially rescheduled the public holiday for Eid‑e‑Milad in Mumbai city and its suburbs, moving it from Friday, September 5, 2025 to Monday, September 8, 2025.
This decision was made to ease the administrative and civic burdens arising from the proximity of two major religious observances: Anant Chaturdashi (on September 6, when Ganesh idols are immersed) and Eid‑e‑Milad.
The Government of Maharashtra has changed the public holiday date under the Negotiable Instruments Act, 1881. Meanwhile, in all other districts of Maharashtra, the Eid‑e‑Milad holiday remains on September 5, 2025 as originally announced.
RBI Issues Press Release Announcing Market Closure on September 8, 2025
RBI stated that there will be no transactions or settlements in the Government securities, Foreign exchange, Money markets and Rupee interest rate derivatives on September 08. These markets will operate as normal on September 05, 2025.
Any financial transactions that were supposed to be settled on September 08, 2025 (Monday) will now be settled on September 09, 2025 (Tuesday). Also, the settlement for the Government of India bond auction held on September 04, 2025 (Thursday) will also happen on September 09, 2025.
Bids placed under the Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) on September 04, 2025 (Thursday) will be reversed on September 05, 2025 (Friday). These facilities will work as usual on all other days.
On September 5, offices, schools, and colleges in Mumbai city and suburbs will function as usual. The adjustment offers a long weekend (Sat–Mon) for residents of Mumbai, allowing smoother celebrations and better crowd and traffic management.