“The Central Government has issued a notification declaring every Saturday as a public holiday for public sector banks.”

The claim originated from a viral document circulating on social media, which falsely purported to be an official notification from the Ministry of Finance's Department of Financial Services. The document claimed that the government had exercised its powers under Section 25 of the Negotiable Instruments Act, 1881, to declare every Saturday a public holiday for all public sector banks. The Press Information Bureau (PIB) Fact Check unit, the official fact-checking arm of the Government of India, has explicitly clarified that no such notification has been issued. Current banking regulations, as maintained by the Reserve Bank of India (RBI), continue to mandate that banks remain closed only on the second and fourth Saturdays of every month, while remaining open on the first, third, and fifth Saturdays.