Banks: Will banks be open only 5 days a week from April? The government's answer has arrived..

Banks: Will banks be open only 5 days a week from April? The government's answer has arrived.. Newspoint | 24/03/2025 22:39:16

Recently, news has been in a lot of discussion. That news is that from April 2025, banks across India will be open only for 5 days. The media report says that a new regulation has come from RBI for this. This report has attracted the attention of all the people. After which the discussion has started whether the banks will remain closed on all four Saturdays and Sundays from next month.

However, PIB has investigated this claim and called it fake news. According to PIB Factcheck, "A news from the media house claims that from April, banks across the country will work 5 days a week following a new regulation issued by the RBI. PIBFactCheck: This claim is fake. For official information related to the Reserve Bank of India, visit https://rbi.org.in." What is claimed in the media report?

The media report claims that a regulatory decision taken by the RBI will lead to banking only five days a week. This means that banks will no longer work on Saturdays. The report suggests that from April 2025, banks will follow the same schedule as government offices, where Saturdays and Sundays are holidays.

Has RBI released any official notification?

The Reserve Bank of India is yet to formally announce that banks will switch to a five-day working week. Working on the first, third, and fifth Saturdays of the month is still part of the current banking work pattern.

However, discussions have been going on between the RBI and the Indian Banking Association (IBA) for some time now on a 5-day working week for banks. Banking unions have been arguing for a reduced working week as it will better balance the professional and personal lives of employees and be in line with global banking norms.

What are the guidelines?

Apart from national and regional holidays, bank branches are closed on the second and fourth Saturdays of every month. Bank branches are open on the first, third and fifth Saturdays of the month. Sundays are non-working days for all banks. Although RBI has not confirmed any change, the proposal of 5 day week is under discussion between banking unions and officials.

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