Claim
Bank will remain closed on every Saturday from 1st June. RBI has approved 5 days working for banks. Timing 9:30 am to 5:30 pm.
Fact
The viral message circulating on social media is fake. The Reserve Bank Of India (RBI) has denied issuing any instructions that commercial banks would have a 5 day week. In a press release dated April 20, 2019, Yogesh Dayal, Chief General Manager of the RBI said, "It has been reported in certain sections of the media that commercial banks would have a 5 day week in terms of RBI instructions. It is clarified that this information is not factually correct. RBI has not issued any such directions."
The RBI has denied issuing any instructions that commercial banks would have a 5 day week
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