Quick Summary
The trading hours for various markets regulated by the Reserve Bank were amended effective from April 7, 2020 in view of the operational dislocations and elevated levels of health risks posed by COVID-19.
With the graded roll-back of the lockdown and easing of restrictions on movement of people and functioning of offices, it has been decided to restore trading hours for regulated markets in a phased manner. Accordingly, with effect from November 9, 2020, the trading hours for the markets regulated by the Reserve Bank would be as under:
| Market | Existing Amended Timings | Revised Amended Timing |
| Call/notice/term money | 10 AM to 2 PM | 10 AM to 3:30 PM |
| Market repo in government securities | 10 AM to 2 PM | 10 AM to 2:30 PM |
| Tri-party repo in government securities | 10 AM to 2 PM | 10 AM to 3 PM |
| Commercial paper and Certificates of Deposit | 10 AM to 2 PM | 10 AM to 3:30 PM |
| Repo in Corporate Bonds | 10 AM to 2 PM | 10 AM to 3:30 PM |
| Government Securities (Central Government Securities, State Development Loans and Treasury Bills) | 10 AM to 2 PM | 10 AM to 3:30 PM |
| Foreign Currency (FCY)/Indian Rupee (INR) Trades including Forex Derivatives* | 10 AM to 2 PM | 10 AM to 3:30 PM |
| Rupee Interest Rate Derivatives* | 10 AM to 2 PM | 10 AM to 3:30 PM |
| *: other than those traded on recognised stock exchanges | ||
(Yogesh Dayal)
Chief General Manager
FAQ :
The new trading hours for markets regulated by the Reserve Bank of India come into effect from November 9, 2020.
The trading hours are being restored and extended in a phased manner as lockdown restrictions ease and operational dislocations caused by COVID-19 are reduced.
The changes affect call/notice/term money, market repo in government securities, tri-party repo in government securities, commercial paper and certificates of deposit, repo in corporate bonds, government securities, foreign currency/Indian Rupee trades, and Rupee Interest Rate Derivatives.
Most markets, including call/notice/term money, commercial paper and certificates of deposit, repo in corporate bonds, government securities, foreign currency/Indian Rupee trades, and Rupee Interest Rate Derivatives, will now close at 3:30 PM.
Yes, the market repo in government securities will now close at 2:30 PM, and tri-party repo in government securities will close at 3:00 PM.
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