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Anonymous Finch

Oct 4, 2026 · 12:59 PM

Business & Finance

Is the “Saturday bank holiday” announcement real

Debunked

Contradicted by strong evidence

5 sources · 4 contradict · 1 neutral

What we can confirm

The purported announcement is not real. India's Press Information Bureau Fact Check Unit stated that the circulating Gazette document is fake and that the Finance Ministry issued no notification declaring every Saturday a public holiday for public-sector banks. The existing arrangement remains that the second and fourth Saturdays are holidays, while other Saturdays are generally working days.

Sources

Viral gazette declaring Saturday holiday for PSU banks is fake: PIB | Akashvani News

newsonair.gov.in

contradictsOfficial

business-standard.com

contradictsMedia

'Document is fake': No, Centre has not declared every Saturday a bank holiday - BusinessToday

businesstoday.in

contradictsMedia

moneycontrol.com

contradictsMedia

UK bank holidays

gov.uk

neutralOfficial

Checked October 4, 2026

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