Fact Check: Has RBI approved 5-day working in banks from April 1? Know what government says
The Press Information Bureau (PIB) fact check has clarified that no such order of '5-day working' has been passed by the government or RBI.
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12:49 PM IST
The Reserve Bank of India (RBI) has approved five-day working in banks from April 1, 2025? A media report suggested that RBI had issued a new regulation mandating banks to remain closed on all Saturdays and Sundays. However, the Press Information Bureau (PIB) fact check has clarified that no such order has been passed by the government or RBI.
"A news report by Lokmat Times claims that starting from April, banks across the country would operate 5 days a week, following a new regulation issued by RBI. This claim is Fake. For official information related with Reserve Bank of India, visit : https://rbi.org.in," wrote PIB Fact check from its official X handle.
A news report by Lokmat Times claims that starting from April, banks across the country would operate 5 days a week, following a new regulation issued by @RBI #PIBFactCheck
▶️This claim is #Fake
▶️For official information related with Reserve Bank of India, visit :… pic.twitter.com/MrZHhMQ0dK
— PIB Fact Check (@PIBFactCheck) March 20, 2025
United Forum of Bank Unions strike
The United Forum of Bank Unions (UFBU) had already announced a two-day bank strike on March 24 and March 25, 2025, demanding for 5-days working in a week. Due to this, banks may remain non-operations for four consecutive days as March 22 is a fourth Saturday and March 23 falls on a Sunday.
"We have been left with no choice but to strike. We urge the public to support us and bear with any inconvenience," said UFBU General Secretary Rupam Roy in a statement. With the strike falling on a Monday and Tuesday, and the preceding weekend being non-working days for banks, customers are advised to plan their transactions accordingly.
What is the demand of the union?
The bank unions demand adequate staff in all banks so that customers can get better services. Some of the other demands include a five-day working week, regularising temporary employees, and withdrawing the Performance Review and Productivity Linked Incentive (PLI) scheme.
How to get messages fact-checked
To check if news is fake or real, you can always send the message to https://factcheck.pib.gov.in. Alternatively you can send a WhatsApp message to +918799711259 for fact check. You can also send your message to pibfactcheck@gmail.com. The fact-check information is also available at https://pib.gov.in.
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