Claim: RBI has approved 5-day work week for banks from 1st June.
Fact-check: No, RBI hasn't approved 5-day work week for banks. It's a fake news - FACTLY
Verdict: the last press release from rbi regarding bank holidays is on august 28, 2015. as per that press release, all scheduled and non-scheduled banks – public, private, foreign, cooperative, regional rural and local area banks – will observe a public holiday on second and fourth saturdays from september 01, 2015. hence, the claim is false.
Organisation: FACTLY
Author: Rakesh Vuppu
Date published: 2019-04-19T10:04:03