Message Announcing Saturdays Off for Banks From 1 June is Fake

A viral message claims that from 1 June, all banks will be closed on Saturdays. The message further states that the Reserve Bank of India has officially approved a five-day working week for banks and that the timings henceforth will be from 9:30 am to 5:30 pm. The message reads: "Bank will be remain closed on every Saturday from 1st June | RBI has approved 5 days working for Banks. Timing 9:30 am to 5:30 pm." The viral message circulating on social media is fake. The Reserve Bank Of India (RBI) has denied issuing any instructions that commercial banks would have a 5 day week.