Banks across India, including major players like SBI, ICICI, and HDFC, will be closed today (Saturday, 14 February) as part of the RBI's regular second Saturday bank holiday. This monthly closure impacts financial transactions, with services like cheque deposits and in-person withdrawals suspended. The holiday is designated under the Negotiable Instruments Act and affects both public and private banking institutions nationwide. Customers should plan accordingly and defer any critical banking activities. Upcoming bank holidays include the regular Sunday closure on 15 February. While most transactions can be managed online, certain services require branch visits and will be unavailable during these scheduled breaks. Understanding the RBI bank holiday calendar is crucial for effective financial planning and managing personal banking needs.
