The trading hours for various markets regulated by the Reserve Bank were amended effective from 7 April 2020 due to COVID-19.

With the easing of restrictions on movement of people and functioning of offices, RBI has decided to restore trading hours for regulated markets in a phased manner with effect from 9 November 2020 as follows:

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

Please click here to access the RBI Circular.

Originally Published by Triligal, November 2020

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.