New Delhi, Feb. 28 -- Bank holiday today, 28 February: Banks will remain closed on Saturday, 28 February, as this is the fourth Saturday of the month. Bank holidays usually affect some banking work and it is advisable for customers to know when their branches close in order to facilitate smoother transactions.

This means all banks across India including SBI, PNB, ICICI Bank, HDFC bank and other private and public lenders will close all their branches today.

The RBI categorises all bank holidays into three parts, namely, Negotiable Instruments Act, Real-Time Gross Settlement (RTGS) holidays and banks' closing of accounts.

According to the RBI bank holiday calendar, banks typically remain closed on second and fourth Saturdays. They remai...