Bank Holiday Today: Are SBI, HDFC Bank, and Other Banks Closed On May 23?
Banks across India remain closed today, May 23, 2026, as the day falls on the fourth Saturday of the month, which is an official bank holiday under the Reserve Bank of India (RBI) guidelines.
As per RBI rules, all public and private sector banks, including major lenders like State Bank of India and HDFC Bank, remain closed on the second and fourth Saturdays every month. Banks are also closed on Sundays nationwide.
The holiday applies to various banking institutions, including commercial banks, cooperative banks, Regional Rural Banks (RRBs), Small Finance Banks (SFBs), and Local Area Banks (LABs).
However, banking services such as internet banking, mobile banking, ATM transactions, and digital payment platforms continue to function normally during bank holidays.
Apart from national holidays and weekend closures, banks also observe regional holidays that may vary from one state to another based on local festivals and government notifications.
Customers are advised to plan branch-related work and check local holiday schedules for state-specific bank closures during the month.