Will Banks Operate Only 5 Days A Week Starting April 2025? Here's The Truth

A recent media report claimed that banks across India will transition to a five-day workweek starting April 2025 as per a new regulation by the Reserve Bank of India (RBI). The report, published by Lokmat Times, suggested that banks would remain closed on all Saturdays, leading to widespread discussion among customers and banking employees.

However, the Press Information Bureau (PIB) has fact-checked and dismissed the claim, stating that no such directive has been issued by the RBI. The RBI's official website (www.rbi.org.in) also does not mention any regulation regarding a five-day workweek for banks.

What is the Current Banking Schedule?

As of now, banks in India remain open on the first, third, and fifth Saturdays of the month, while they are closed on the second and fourth Saturdays, as well as Sundays and designated public holidays. The RBI has not made any announcements regarding changes to this schedule.

Ongoing Discussions on a Five-Day Workweek

While no official decision has been made, discussions between the Indian Banks' Association (IBA) and banking unions have been ongoing. Employee unions have been advocating for a five-day workweek to align with global banking practices and improve work-life balance. However, as of now, no regulatory change has been implemented.

The claim that banks will adopt a five-day workweek from April 2025 is false. Customers and employees are advised to rely on official sources for verified updates regarding banking regulations.