Viral gazette declaring Saturday holiday for PSU banks is 'fake'

Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓PIB Fact Check confirmed that a viral gazette declaring every Saturday a holiday for public sector banks is fake.
- ✓On Thursday, officials said no such order exists from the Finance Ministry.
- ✓They urged people to verify government news through official channels and avoid sharing unverified documents found on social media platforms.
Story at a Glance
- Category
- MARKET
- Reported By
- The Statesman
- Reading Speed
- 2 Minute(s)
- Market Focus
- India Economy
PIB Fact Check has urged people not to rely on unverified documents circulating on social media and asked them to verify government-related information through official channels before sharing it further.
The Press Information Bureau's (PIB) Fact Check unit has clarified that a purported gazette notification circulating on social media claiming that the central government has declared every Saturday a public holiday for all public sector banks, including the State Bank of India (SBI), is "fake".
In a post on X on Thursday, PIB Fact Check stated that no such notification has been issued by the Ministry of Finance's Department of Financial Services. The agency clarified that the document being shared online is fake and does not represent any official government order.
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The Statesman
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