RBI to set up Working Group to review trading and settlement timings of markets

3 hours ago 3

The Reserve Bank of India (RBI) has decided to undertake a broad reappraisal of trading and colony timings crossed assorted marketplace to synchronise it to facilitate benefits of businesslike terms find and optimisation of the liquidity requirements.

“Over the past fewer years, determination person been respective developments including accrued electronification of trading, availability of forex and definite involvement complaint derivative markets connected a 24X5 basis, accrued information of non-residents successful home fiscal markets and availability of outgo systems connected a 24X7 basis, Governor Sanjay Malhotra said.

Accordingly, it has been decided to acceptable up a moving radical with practice from assorted stakeholders to undertake a broad reappraisal of trading and colony timing of fiscal markets regulated by the Reserve Bank. The Group is expected to taxable its study by April 30, 2025.

Published - February 08, 2025 09:27 americium IST

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