Banks in Gujarat are closed on Monday (December 5, 2022) due to Gujarat Legislative Assembly Elections 2022, according to the Reserve Bank of India holiday list 2022.
Also, the Maharashtra government has decided to grant Gujarat voters who work in border regions one day of paid leave so they can cast their ballots on election day.

The government resolution (GR) said,”A one-day paid leave for voters of Gujarat Assembly working in border districts of Maha like Palghar, Nashik, Nandurbar and Dhule. All private companies are instructed to follow this. If the order is violated, action will be taken”.
All bank holidays fall into one of four categories under the Negotiable Instruments Act of 1881: Real-Time Gross Settlement Holiday, Holidays Under Negotiable Instruments Act, and Banks’ Closing of Accounts Holiday.

Bank holidays in December 2022
December 5 (Monday): Gujarat Legislative Assembly Elections 2022: Banks are closed in Gujarat due to election
December 12 (Monday): Pa-Togan Nengminja Sangma: Banks are closed in Meghalaya
December 19 (Monday): Goa Liberation Day: Banks are closed in Goa
December 24 (Saturday): Christmas Festival: Banks are closed in Meghalaya
December 26 (Monday): Christmas Celebration/Losoong/Namsoong: Banks are closed in Mizoram, Sikkim, and Meghalaya.
December 29 (Thursday): Guru Gobind Singh Ji Birthday: Banks are closed in Chandigarh.
December 30 (Friday): U Kiang Nangbah: Banks are closed in Meghalaya.
December 31 (Saturday): New Year’s Eve: Banks are closed in Mizoram.

December Second Saturday and Sundays
December 4: Sunday
December 10: Second Saturday:
December 11: Sunday
December 18: Sunday
December 24: Fourth Saturday
December 25: Sunday

Holiday Description