CHENNAI: A message going viral on WhatsApp claims that banks will remain closed on all Saturdays starting from June 1 this year. However, there has been no intimation from the RBI regarding any official announcement to this effect.
The message, doing several rounds on social media platforms, has capitalised on the vulnerability of the masses still reeling under the effects of demonetisation. As this is not the first time misleading information has been shared on social media, people are advised to check the veracity of the information shared before passing it on. It would also do well to check for an official announcement in such matters.
Although bank employees have been working their fingers to the bone for most part of the year now, this ‘5 working days a week’ order, as the message claims, does not seem to be a possibility in the near future. However, the August 2015 announcement that banks would remain closed on second and fourth Saturdays continues to hold.