Bank holidays in February 2023: Banks to remain closed on these days. Full list here
1 min read . Updated: 28 Jan 2023, 08:42 AM IST
Premium- Bank holidays in February 2023: As per the RBI, many bank holidays are regional and may differ from state to state and bank to bank
In February 2023, banks across the will be closed for nine days, as per the Reserve Bank of India's (RBI) holiday list. This includes the second and fourth Saturdays, as well as Sundays. The banks remain open on the first and third Saturdays every month.
Some of these bank holidays will be state-specific, and during national holidays, banks will remain shut across the country. The Reserve Bank of India (RBI) has placed the holidays under three brackets- Holiday under Negotiable Instruments Act; Holiday under Negotiable Instruments Act and Real-Time Gross Settlement Holiday; and Banks’ Closing of Accounts.
Here's the full list of Bank holidays in February 2023:
5 February: Sunday
11 February: Second Saturday
12 February: Sunday
15 February: Bank will remain closed in Imphal due to Lui-Ngai-Ni
18 February: Banks will remain closed in Ahmedabad, Belapur, Bengaluru, Bhopal, Bhubaneshwar, Dehradun, Hyderabad (AP and Telangana), Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, Raipur, Ranchi, Shimla, Srinagar, Thiruvananthapuram due to Mahashivratri (Maha Vad-14)/Sivarathri
20 February: Banks will remain closed in Aizawl due to State Day
21 February: Banks will remain close in Gangtok due to Losar. Losar is the Tibetan New Year which falls in the month of February and is likewise celebrated by inviting friends and relatives for family gatherings. Two days prior to Losar, the Gutor Chaam is performed at Rumtek monastery depicting the battle between good and evil and the ritualized destruction of evil.
25 February: Fourth Saturday
26 February: Sunday
