Claim: Cabinet approved for five day working week for banks from 01 January 2024.
Fact-check: Five day working week for banks from 1 January 2024, is not yet approved by Ministry of Finance - FACTLY
Verdict: responding to a question in rajya sabha, on whether the indian banks association , a representative body of all banks in india, has demanded the implementation of a five-day work week, minister of state for finance bhagwat karad said the iba had indeed submitted a proposal to this effect. the finance ministry's reply did not indicate whether the demand has been accepted or whether it could be anytime in the near future. hence, the claim made in the post is false.
Organisation: FACTLY
Author: Akshay Kumar Appani
Date published: 2023-12-11T12:26:06