Is there a bank holiday today in India?

Yes. Today is Sunday, February 22, so all bank branches across India are closed. Digital channels like UPI, IMPS, NEFT, RTGS, and net banking remain available. Counter services resume on the next working day in your city, except where a local holiday is notified.

Are banks in Ranchi open on Monday, February 23?

No. Ranchi branches are shut on Monday, February 23 due to municipal elections. In-branch services reopen on Tuesday, February 24. Plan cheque deposits, locker visits, and document submissions for Tuesday to avoid delays and crowding at counters.

Will UPI, NEFT, and RTGS work during the closures?

Yes. UPI and IMPS are instant. NEFT and RTGS operate 24x7, including Sundays and local holidays. You can send payroll, vendor payments, EMIs, and bill payments online. Check transfer limits in your app and keep alerts on to confirm credit to the beneficiary.

How will cheque clearing be affected in Ranchi?

Cheques deposited on Saturday usually clear on the next working day. Since Monday is a local holiday in Ranchi, presentment and settlement may shift to Tuesday, February 24. Inform counterparties of the one-day delay and adjust due dates or interest calculations accordingly.

Global Market Insights

India Bank Holiday Today, February 22: Sunday Closure; Ranchi Closed Feb 23

ByHuzaifa Zahoor February 22, 2026February 22, 2026

Bank holiday today: All bank branches across India are closed on Sunday, February 22, while UPI, net banking, IMPS, NEFT, and RTGS run as usual. Ranchi branches will also remain closed on Monday, February 23 due to municipal elections. Customers and SMEs should plan cheque deposits, cash needs, and branch-only services around these dates. We outline what is open, expected clearing timelines, and a quick action plan so you can avoid delays and keep payments, payroll, and vendor settlements on track.