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Is Today a Bank Holiday: If you’re wondering whether banks are open or closed today, February 28, 2026, here’s what you need to know. Bank holidays in India are determined by the Reserve Bank of India (RBI) and can vary by state depending on regional festivals and observances. While some Saturdays are working days, others fall under the RBI’s holiday schedule.
Are banks open or closed today, February 28, 2026?
Banks remain closed today as it falls on the fourth Saturday of the month. Under Reserve Bank of India (RI) guidelines, banks are shut on the second and fourth Saturdays, while they operate on the first, third, and, where applicable, fifth Saturdays- unless a specific holiday is listed in the RBI’s official holiday calendar.
Major Bank Holidays in March 2026
March 3 (Tuesday): Holi (various states)
March 4 (Wednesday): Holi (Delhi/others)
March 14 (Saturday): Second Saturday
March 19 (Thursday): Gudhi Padwa / Ugadi / Telugu New Year
March 20 (Friday): Eid-Ul-Fitr / Jumat-ul-Vida
March 21 (Saturday): Ramzan-Id (Id-Ul-Fitr) / Sarhul
March 26 (Thursday): Shree Ram Navami
March 27 (Friday): Ram Navami (regional)
March 28 (Saturday): Fourth Saturday
March 31 (Tuesday): Mahavir Jayanti