The Reserve Bank of India (RBI) has announced four bank holidays next week across different states for Losar, Chhatrapati Shivaji Maharaj Jayanti, State Day, and the regular Sunday closure. Customers are advised to plan transactions in advance, as physical branches will remain closed while digital banking services stay operational.
The RBI’s official holiday calendar for February 2026 lists nine holidays in total, including weekends. Next week, banks will remain closed on February 18 for Losar, February 19 for Shivaji Jayanti, February 20 for State Day, and February 22 for the weekly Sunday holiday. These closures apply to both public and private sector banks, though the observance may vary depending on regional practices.
Despite branch closures, ATMs, mobile banking, and internet banking will continue to function, ensuring uninterrupted access to essential services. Customers are encouraged to complete time-sensitive transactions ahead of the holiday period to avoid delays.
Key highlights from the announcement include
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Banks closed on February 18 for Losar
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February 19 closure for Chhatrapati Shivaji Maharaj Jayanti
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February 20 closure for State Day
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February 22 closure for Sunday weekly holiday
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Nine holidays listed by RBI for February 2026
Analysts note that regional and cultural observances play a significant role in India’s banking holiday schedule. While closures may cause short-term inconvenience, digital platforms ensure continuity of financial services across the country.
Sources: RBI Holiday Calendar, Mint, Business Standard