Fake news was circulated on social media that commercial banks would have a 5 day week and will be closed on every Saturday from 1st June but The Reserve Bank of India has reacted and cleared the air on the fake development.
The central bank said that it has not issued any direction with regard to a five day working of commercial banks and have also urged people to not to fall for the fake news.
Check out the tweets citing the fake news:
Bank will be remain closed on every Saturday from 1st June | RBI has approved 5 days working for Banks. Timing 9:30 am to 5:30 pm.
நான் அப்பவே நினைத்தேன் இரண்டு சனிகிழமை விடுமுறை விடும்போது இது அனைத்து… https://t.co/DjR6aLPgGB
— Mahilambadi Vasanthabala (@vasanthabala22) April 20, 2019
Breaking News !!
Banks 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.
— Mohit Maheshwari (@mohitmohta786) April 19, 2019
@RBI @FinMinIndia @PMOIndia Bank will be remain closed on every Saturday from 1st June | RBI has approved 5 days working for Banks. Timing 9:30 am to 5:30 pm. Pls officially confirm the news whether they r mere rumors or authentic
— kartikay Goel (@kartikaygoyal) April 17, 2019
RBI said in its release “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.”
Yogesh Dayal, Chief General Manager, RBI was quoted by a news agency saying that there have been reports in certain sections of media that commercial banks would have a 5-day week on RBI instructions. “This information is not factually correct. RBI has not issued any such directions”, he said.
Yogesh Dayal, Chief General Manager, Reserve Bank of India: It has been reported in certain sections of media that commercial banks would have a 5-day week on RBI instructions. This information is not factually correct. RBI has not issued any such directions. pic.twitter.com/38v6d6tIaV
— ANI (@ANI) April 20, 2019
For those unaware, branches of commercial banks observe holiday only on second and fourth Saturday of a month apart from Sunday. Meanwhile, the remaining Saturdays are a full working hour for all the banks.
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