RBI has issued a clarification to deny certain media reports stating that it has issued instructions for opening of banks for 5 days a week from now onwards. RBI has categorically stated that it has not issued any such instructions and hence such media reports are supposedly fake.
It has been reported in certain sections of the media that commercial banks would have a 5 day week in terms of RBI instructions. It is clarified that this information is not factually correct. RBI has not issued any such directions.