RBI clarification on 5 day week in commercial banks [Read Press Release]

RBI clarification on 5 day week in commercial banks [Read Press Release] There were rumors that commercial Banks would work for 5 days a wee

CA Deepak Gupta

Apr 21, 2019

Last update on Apr 21, 2019

RBI clarification on 5 day week in commercial banks [Read Press Release]

There were rumors that commercial Banks would work for 5 days a week and their all Saturdays will be a off. Finally RBI has officially put a stop on these rumors by clarifying by a press release that this information is not factually correct. RBI has not issued any such directions.

RBI clarification on 5 day week in commercial banks [Read Press Release]

The press release is given below:

RBI clarification on 5 day week in commercial banks

Date : Apr 20, 2019

It has been reported in certain sections of the media that commercial banks would have a 5 day week in terms of RBI instructions. It is clarified that this information is not factually correct. RBI has not issued any such directions.

Yogesh Dayal
Chief General Manager

Press Release: 2018-2019/2488

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