Banias belong to the Urāy group which includes Tuladhar, Kansakar, Tamrakar, Sthapit, Sindurakar, Selalik and other castes.
They speak Nepal Bhasa as a mother tongue and follow Newar Buddhism.
[2][3] Banias participate in the performance of Gunla Bajan religious music.
Samyak is the greatest Newar Buddhist festival held every 12 years in Kathmandu where statues of Dipankara Buddha are displayed.
During this festival, each Urāy caste has been assigned a duty from ancient times, and Banias have the task of preparing and serving "sākhahti", a soft drink made by mixing brown sugar and water.