The Reserve Bank of India (RBI) has confirmed that a viral claim about a new directive requiring all banks in India to close on both Saturdays and Sundays is false. As of now, no such notification has been issued by the RBI.
The RBI’s current operational schedule has been in place since September 2015. This policy specifies that scheduled and non-scheduled banks, including public and private banks, will remain closed on all Sundays and on the second and fourth Saturdays of each month. All other Saturdays are considered regular working days for banks.
Given the wide-reaching implications of banking operations, it is important for customers and businesses to stay informed about accurate banking schedules to avoid disruptions.
- Why it matters: Accurate information about banking hours is essential for customer planning and business operations. Misinformation can lead to confusion and financial disruptions.
- The latest: The RBI’s Kochi headquarters has also confirmed that there are no changes to bank operating days as per the current policy.
Source: https://english.factcrescendo.com/2025/09/23/banks-closed-on-every-saturday-and-sunday-the-viral-claim-is-false/
Source: https://english.factcrescendo.com/2025/09/23/banks-closed-on-every-saturday-and-sunday-the-viral-claim-is-false/