#FactCheck: False Claim Says All Public Sector Banks Will Remain Closed Every Saturday

Research Wing
Research Wing
Innovation and Research
PUBLISHED ON
Oct 7, 2026
10

Executive Summary

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Employees’ organisations of public sector banks had recently announced a nationwide strike, with one of their key demands being a five-day work week, including holidays on all Saturdays. Against this backdrop, a claim is being circulated on social media that the bank unions’ demand has been accepted and that all public sector banks will now remain closed every Saturday.

However, CyberPeace Research found that the claim that banks will observe holidays on all Saturdays is false. Neither the government nor bank employees’ unions have made any official announcement regarding the implementation of a five-day work week or holidays on all Saturdays.

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Claim:

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A user on the social media platform Facebook shared what was purportedly an Indian Gazette document, claiming that all banks will now observe a weekly holiday on every Saturday.

https://www.facebook.com/photo/?fbid=122234792282534138&set=a.122114627672534138 

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Fact Check

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We reviewed all the announcements issued by the organisations that had called for the bank strike. None of these organisations issued any statement confirming that their demands had been accepted. We found a statement from the All India Bank Officers’ Confederation (AIBOC), in which the organisation stated in an X post that the strike scheduled for September 28–30, 2026, had been postponed following discussions. However, the organisation did not state anywhere that the demand for holidays on all Saturdays had been accepted.

https://x.com/aiboc_in/status/2104262645507612777?s=20 

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The United Forum of Bank Unions (UFBU), a joint platform of seven bank employees’ unions, issued a statement on October 1, making it clear that there has been no confirmation so far that the unions’ demands have been accepted. The statement said that a five-member committee has been constituted to consider the demand for holidays on all Saturdays, and the committee will soon prepare a roadmap for taking the matter forward.

https://x.com/UFBUPUNE/status/2105600756795707456

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Conclusion:

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The claim circulating on social media that all public sector banks will remain closed every Saturday from now on is false. CyberPeace Research found that neither the government nor bank employees’ unions have made any official announcement regarding the declaration of holidays on all Saturdays. Therefore, the claim being circulated on social media is misleading.

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PUBLISHED ON
Oct 7, 2026
Category
#FactCheck
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#FactCheck

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