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No order issued on 5-day working in commercial banks: RBI
short by Shruti Maria Mahendar / on Sunday, 21 April, 2019
The Reserve Bank of India (RBI) on Saturday said it has not issued any direction on a five-day working week for commercial banks. This comes amid media reports that commercial banks would have a 5-day week as per RBI instructions. Currently, branches of commercial banks observe holiday only on the second and fourth Saturdays of a month apart from Sundays.