Bank Holiday today: Are banks closed today on Saturday, February 22? Find here

Bank Holiday today: Weekend is here, and so is the confusion about whether banks will remain shut or open today, ie Saturday. The Reserve Bank of India (RBI) has mandated bank holidays on second and fourth Saturdays of every month. Hence, banks will remain closed today, February 20, as it is the fourth Saturday of the month. 

Are banks closed or open today, February 22?

It will be a holiday for all banks including private, public sector, and cooperatives. There was a bank holidau in some states on February 19 on the account of Chhatrapati Shivaji Maharaj Jayanti. Banks were open last Saturday as it was the third week of the month. 

Bank holidays in February 

Banks will remain shut on the occasion of Mahashivratri and Losar in some states. As per RBI’s bank holiday calendar, banks will remain shut in these bank regions: Ahmedabad, Aizawl, Belapur, Bengaluru, Bhopal, Bhubaneswar, Chandigarh, Dehradun, Hyderabad – Andhra Pradesh, Hyderabad – Telangana, Jaipur, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, Raipur, Ranchi, Shimla, Srinagar, Thiruvananthapuram on February 26, due to Mahashivratri. 

Whereas banks will be closed in Gangtok region on February 28 on the account of Losar.