The claim
Reserve Bank of India (RBI) has implemented a new rule mandating that all banks in India will be closed every Saturday and Sunday
Original review summary
The review says the RBI had not announced a change to the weekend banking schedule. Under the existing policy, banks close on Sundays and the second and fourth Saturdays; other Saturdays remain working days.[S1]
Additional context
The policy took effect on 1 September 2015 and covered scheduled and non-scheduled banks. [S1]
Research date:
Sources and attribution
- [S1] FACTLY original review
Original review · Retrieved October 16, 2026