States where banks will have a holiday for Mahashivratri: Gujarat, Maharashtra, Karnataka, Uttar Pradesh, Uttarakhand, Andhra Pradesh, Telangana, Jammu and Kashmir, Kerala, Jharkhand, and Himachal Pradesh, according to the RBI website.
States where banks are not closed for Mahashivratri: Banks are closed in most of the states except Tripura, Mizoram, Chandigarh, Tamil Nadu, Sikkim, Assam, Manipur, Rajasthan, Bengal, Delhi, Goa, Bihar, and Meghalaya, as per the RBI website.
Other holidays in February 2023
Bank holidays will be different in each state. Apart from national holidays, state governments designate bank holidays; banks are also closed on a few state-specific holidays.
Banks are closed in Mizoram on the occasion of Mizoram State Day on February 20 and on February 21 (Tuesday), Banks are closed in Sikkim on the occasion of Losar.
Even though banks observe holidays, bank customers will not experience any difficulties carrying out their banking-related duties if they have enabled net banking and phone banking. ATMs, cash deposits, internet banking, and mobile banking will all continue to operate as usual.
The RBI publishes a list of bank holidays on its official website. The central bank announces the bank holidays for the full year state wise Banks are closed on Sundays and the second and fourth Saturdays of each month, as per RBI regulations.All bank holidays have been classified into distinct categories under the Negotiable Instruments Act of 1881-Holidays Under Negotiable Instruments Act, Banks’ Closing of Accounts, and Real-Time Gross Settlement Holiday.
RBI bank holiday description
| Holiday Description | Day |
| Lui-Ngai-Ni | 15 |
| Mahashivratri (Maha Vad-14)/Sivarathri | 18 |
| State Day | 20 |
| Losar | 21 |