The Reserve Bank of India (RBI) on Wednesday extended trading hours for market trading to 9.00 am to 5.00 pm. It will come into effect from 12 December. Under the new timings, the call/notice/term money market will shut at 5 p.m., the market for commercial paper and certificates of deposit will close at 5 p.m., repo in corporate bonds will stop at 5 p.m., and the market for rupee interest rate derivatives will close at 5 p.m.
With effect from April 7, 2020, the central bank shortened market trading hours due to operational dislocations and elevated levels of health dangers brought on by the COVID-19 pandemic. Restoration of trading timings was started by the RBI in a phased manner from November 09, 2020. with the easing of pandemic-related constraints, and from April 18, 2022, the opening time for regulated market hours were restored to the pre-pandemic timing of 9:00 a.m.
Discussion about this post