Why are banks closed on Friday? Find out if there is a holiday in your city today.

Where will banks be closed and where will they remain open today, Friday, October 23? Check the city-wise list of bank holidays and the reasons behind these closures.

As the month of October draws to a close, the series of bank holidays—driven by various festivals—continues. If you need to deposit cash, process a cheque, or visit a bank branch for any urgent matter today (Friday), it is advisable to check the list of bank holidays first. Often, essential tasks get stalled due to bank closures, forcing you to wait until the next working day.

Many people are wondering about the bank holiday on October 23. Why are banks closed on a Friday? Is it a nationwide holiday, or is it limited to specific cities? Let’s look at today’s bank holiday list and understand which services might be unavailable when banks are closed.

Why are banks closed on Friday?

According to the Reserve Bank of India’s holiday calendar for October 2026, banks in Gangtok, Sikkim, will remain closed due to Durga Puja (Dashain). This is a local holiday; therefore, banks will not be closed across the entire country. In all other cities, banks will remain open.

Are banks in your city open or closed today?

Will banks remain closed over the next couple of days?

Following October 23, the weekend is approaching. October 24 is the fourth Saturday of the month, and October 25 is a Sunday; consequently, banks will remain closed on both days. If you have any urgent banking tasks, plan by keeping these holidays in mind.

Which services will be affected?

Even though bank branches may be closed, digital banking services remain operational. Customers can continue to transfer funds via UPI, withdraw cash from ATMs, and use internet banking to check their account balances or pay bills. However, for tasks involving the cash counter or cheques, one must visit a bank branch, and such transactions cannot be carried out on holidays.