Bank Holiday: Banks in Maharashtra will be closed on Thursday, February 19th, on the occasion of Chhatrapati Shivaji Maharaj Jayanti. This is why it will be a bank holiday for all public and private banks, including SBI, HDFC Bank, ICICI Bank, PNB, and Axis Bank. Bank holidays are determined by the Reserve Bank of India, where banks follow the RBI’s bank holiday calendar, which is released at the beginning of each year. If you’re planning to visit the bank on February 19th, be sure to review the list of bank holidays.
Bank holidays in India
Bank holidays may vary from region to region. For example, tomorrow is a bank holiday in Mumbai and the rest of Maharashtra for Chhatrapati Shivaji Maharaj Jayanti, while branches will remain open in other parts of India. The RBI divides bank holidays into regional and national holidays. On regional holidays, banks are closed in specific regions and states where people celebrate certain festivals and special occasions. On national holidays, all banks across India are closed. Additionally, banks are closed on the second and fourth Saturdays of the month and all Sundays.
Chhatrapati Shivaji Maharaj’s birth anniversary
Chhatrapati Shivaji Maharaj Jayanti is celebrated every year on February 19th, and the state of Maharashtra celebrates it with great pomp. Shivaji Maharaj was the founder of the Maratha Empire and remains an icon in Maharashtra and throughout India.
This day is celebrated to honor the birth of the founder of the Maratha Empire, who was born in Pune in 1630. The day promotes his values of courage, justice, and patriotism, which continue to inspire millions, especially in Maharashtra. The celebration of Shivaji Maharaj Jayanti originated in Pune and is said to have been started by Mahatma Phule in 1870. Later, it was promoted by Bal Gangadhar Tilak in 1895.
This day is not just a celebration of Shivaji Maharaj’s birth anniversary, but also a day to cherish and spread the thoughts and values of Shivaji Maharaj, which include courage, strategic thinking, justice, religious tolerance, patriotism, public welfare, empowerment of people.
Rest of Bank holidays in February
February 20 – Friday – Bank holiday in Aizawl (Mizoram), Imphal (Manipur) on account of Statehood Day/Statehood Day celebrations.
February 22 – Sunday – Holiday across India due to Sunday weekend.
February 28 – Saturday – Holiday across India due to fourth Saturday.
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