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Friday Bank Holiday: All banks will remain closed on Friday in these states, know why RBI has declared holiday on 28 February

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Friday Bank Holiday: All banks will remain closed on Friday in these states, know why RBI has declared holiday on 28 February

Bank Holiday: All banks are going to be closed on Friday 28 February. All government and private sector banks will be closed tomorrow. Most bank customers have this question in their mind that why will the banks be closed on Friday. Banks will be closed in some states on Friday. Here we are telling you why RBI has given Friday holiday to the banks

Bank Holiday: All banks are going to be closed on Friday 28 February. All government and private sector banks will be closed tomorrow. Most bank customers have this question in their mind that why will the banks be closed on Friday. Banks will be closed in some states on Friday. Here we are telling you why RBI has given Friday holiday to the banks.

Banks will be closed on Friday 28 February

Losar is on Friday 28 February. Losar is the main New Year festival of the Tibetan Buddhist community. This festival is celebrated with great pomp in the Buddhist dominated areas of Ladakh, Arunachal Pradesh, Sikkim and Himachal Pradesh. Losar literally means New Year. It is considered a symbol of nature, prosperity and spiritual purification. On this occasion, special prayers, traditional dances, colourful processions and cultural programmes are organised in the monasteries. People clean their houses, light lamps and prepare traditional dishes like Gustuka and Khabse. This festival brings a new enthusiasm to the entire Tibetan community with the wish of good harvest, happiness, prosperity and peace.

In which states will banks remain closed on 28 February

Friday, 28 February: All banks will remain closed in Arunachal Pradesh due to Losar. RBI has kept banks closed only in Arunachal Pradesh. Otherwise, banks will remain open in all the states.

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