Bank Holidays in February 2022: Due to various state-wise festivals as well as weekend holidays, all banks in India, both private and public, will remain closed for 12 days. It should be noted that February has only 28 days, and banks will operate for the remaining 16 days in different states. This was decided according to a list released by the Reserve Bank of India, or RBI, earlier this year. Reserve Bank of India has released the list of holidays for the year 2022 in its annual list. The holidays have been prepared according to this list.
As per the RBI list, there are six state-wise holidays in February 2022. This also includes the fifth day of February, where banks will remain closed in some states on account of Vasant Panchami. The remaining six holidays are weekend holidays when banks are closed nationally. So, if you have any bank related work, you should first contact your nearest branch regarding bank holidays in January so that you can do your work seamlessly. On that note, you should also note that this should not be of much concern as these bank holidays are largely state-wise. This means that they are usually not uniform in nature.
Bank holidays are effective as per the list issued by Reserve Bank of India or RBI. According to a list of the central bank, the number of holidays this month has been fixed at six. The rest are weekend leaves. This includes all Sundays of the month as well as the second and fourth Saturdays. Banks are open on the first and third Saturdays of every month. The RBI holidays list falls into three categories. These are state wise celebrations, religious holidays and festival celebrations.
The central bank’s notification for holidays has been notified under three brackets namely ‘Holiday under Negotiable Instruments Act’, ‘Holiday under Negotiable Instruments Act’ and ‘Real Time Gross Settlement Holiday’ and ‘Banks’ Closing of Accounts. ‘ Are included. On these notified holidays, all branches of banks, including public sector, private sector, foreign banks, co-operative banks and regional banks, will remain closed.
Here is the complete list of holidays for the month of February 2022 as per RBI order: (counting from 1st February)
Holiday wise list of leaves under the Negotiable Instruments Act
February 2 – Sonam Lhochar – Gangtok
February 5 – Saraswati Puja / Shree Panchami / Shree Panchami Basant Panchami – Agartala, Bhubaneshwar, Kolkata
15 February – Mohammad Hazrat Ali Birthday/Louis-Nagai-Ni-Imphal, Kanpur, Lucknow
16 February – Guru Ravidas Jayanti – Chandigarh
18 February – Doljatra – Kolkata
February 19 – Chhatrapati Shivaji Maharaj Jayanti – Belapur, Mumbai, Nagpur
Apart from individual state wise holidays. Banks will be closed on some weekends. In this regard it should be noted that weekend leaves are similar in nature across India. These are mentioned below:
February 6 – Sunday
February 12 – Second Saturday of the month
February 13 – Sunday
February 20 – Sunday
26 February – Fourth Saturday of the month
February 27 – Sunday
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