Banking News: According to the Reserve Bank of India's (RBI) holiday schedule, all private and public sector banks in the country will be closed for 12 days in February 2022, this includes the second and fourth Saturdays, as well as Sundays. Every month, the banks remain open on the first and third Saturdays.
Bank Holidays in February 2022
Below we have mentioned complete list of bank holidays;
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2ndFebruary: Sonam Lhochhar festival (Banks in Sikkim will be closed)
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5thFebruary: Saraswati Puja/Shree Panchami/Basant Panchami (Banks in Agartala, Bhubaneswar and Kolkata will remain closed)
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6thFebruary: All banks will be shut as the day is Sunday
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12thFebruary: As it is the second Saturday of the month, all banks will be closed
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13thFebruary: All lenders will be closed on account of the day being a Sunday
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15thFebruary: Birthday of Mohammad Hazrat Ali/Louis-Nagai-Ni (Imphal, Kanpur, and Lucknow banks will be closed)
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16th February: Guru Ravidas Jayanti (Chandigarh's banks will be closed)
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18thFebruary: Doljatra (The bank branches in Kolkata will remain closed)
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19th February: Chhatrapati Shivaji Maharaj's Jayant (All lenders in Mumbai, Nagpur and Belapur will be shut on account of Chhatrapati Shivaji Maharaj Jayanti)
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20thFebruary: On account of the day being a Sunday, all lenders will remain shut
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26thFebruary: All lenders will be closed on February due to the fact that it is the fourth Saturday of the month
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27thFebruary: On account of the day being a Sunday, all banks will remain closed
About RBI Holiday Schedule
The Reserve Bank of India (RBI) has classified the holidays under three categories: holidays under the Negotiable Instruments Act, holidays under the Negotiable Instruments Act and Real-Time Gross Settlement, and Banks’ Closing of Accounts.
The Reserve Bank of India (RBI) is India's central bank and regulatory body and is responsible for the issue and supply of the Indian rupee and the regulation of the Indian banking system.
