“Cabinet approved for five day working week for banks from 01 January 2024”
What FACTLY found
Responding to a question in Rajya Sabha, on whether the Indian Banks Association (IBA), a representative body of all banks in India, has demanded the implementation of a five-day work week, minister of state for finance Bhagwat Karad said the IBA had indeed submitted a proposal to this effect. The finance ministry’s reply did not indicate whether the demand has been accepted or whether it could be anytime in the near future
Their words, from the summary they publish with the rating.
In short
This claim spread on social media around 11 December 2023. FACTLY (India) looked into it and published its finding on 11 December 2023. Its rating was “FALSE”.
Where the claim appeared
- Facebook posthttps://www.facebook.com/susil.rana.7/posts/pfbid02F1uDepoXuW2CMLwGyQvHg6C2p9oRoeGTp58VnP…
Links recorded by FACTLY. Some posts may have been deleted since.
This check was done by FACTLY, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.