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Coronavirus in India: RBI curtails money market timings from 10 am to 2 pm

Shortpedia

Content Team
Image Credit: shortpedia

As the number of coronavirus cases continue to grow in India, the Reserve Bank of India has revised the trading hours for various markets to minimise the risks and to ensure that market participants maintain adequate checks and supervisory controls while optimising thin resources & ensuring safety of personnel. The existing timing, 9 am to 5 pm, has been amended to 10 am to 2 pm, for all trading activities.