Bank Holiday: All banks will remain closed on Wednesday, know why RBI has given 26 February holiday – Bank Holiday on Wednsday 2025 Why RBI Give Holiday 26 February SBI HDFC Bob PNB Bank Close

Bank holiday: All banks are scheduled to be closed on Wednesday 26 February. Most of the bank customers have the same question as to what causes the banks remain closed on Wednesday. Here, the banks are telling you that most of the states of the country are going to be closed on Wednesday. Here you are telling you why RBI has given banks on Wednesday holiday.

Banks will be closed on Wednesday 19 February

The holy festival of Mahashivaratri will be celebrated on 26 February, which is a special day of worshiping Lord Shiva. On this day, devotees keep fast, offer water and bell -leaf and worship Bholenath and awaken the night and recite Mahamrityunjaya Mantra and Shiva Chalisa. It is believed that the sacred marriage of Shiva-Parvati was held on this day, so it is a very auspicious opportunity for Shiva devotees. RBI has given Shivaratri holiday to many states.

Banks will be closed in which states on 26 February

Wednesday, 26 February: Ahmedabad, Aizawl, Bengaluru, Belapur, Bhopal, Bhubaneswar, Chandigarh, Dehradun, Hyderabad, Jaipur, Jammu, Kanpur, Kochi, Lucknow, Mumbai, Nagpur, Raipur, Ranchi, Shimla, Srinagar and Thiruvananthapuram will remain closed on the occasion of Mahashivratri.

Banks weekend holidays (Saturday and Sunday)

Sunday, 16 February: Weekly holiday.

Saturday-Sunday, 22 and 23 February: Fourth Saturday and weekly holiday. Banks are closed on all national and local festivals, jubilee, Sunday of every month, second Saturday and fourth Saturdays. All bank branches are open on the first, third and fifth Saturdays.

RBI holiday calendar ,RBI Holiday List February Month,

The reason for bank shutdown in February

Home loans and car loans will be and cheaper, interest rates in April and May may reduce RBI