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Misleading
misleading

CLAIM ID

96d95b7b

There is only one bank working day between March 27 and April 4 in India.

Since bank holidays vary for different locations it would be misleading to make such a claim.

Since bank holidays vary for different locations it would be misleading to make such a claim. The claim that there is only one bank working day between March 27 and April 4 is Misleading.

According to the list of bank holidays released by the Reserve Bank of India, all the private and public banks would be shut down for seven days from March 27 and April 4, except for two days. The banks would remain closed for three straight days between March 27 and 29, with March 27 being the 4th Saturday of the month, 28 being a Sunday, and 29 being Holi.

On March 29, banks countrywide except Agartala, Bengaluru, and Chennai would remain shut. On March 30, banks would open, except for Patna, which will observe extended Holi celebrations.

On March 31, all the banks will be closed for the general public; however, it would be a working day for the bank employees due to the closing of the financial year 2020.

On April 1, the banks will remain shut as per the notification of RBI to enable banks to close their yearly accounts. On April 2 and 4, the banks won’t work on the occasion of Good Friday and Sunday, respectively. However, it would be a full working day on April 3, 2021 (Saturday).

Since the bank holidays between March 27 and April 4 differ for different regions, it would be misleading to say that there is only bank working day between March 27 and April 4.

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