MUMBAI, India, May 2 -- Reserve Bank of India issued the following press release:
The Reserve Bank set up a Working Group to undertake a comprehensive review of trading and settlement timings of markets regulated by the Reserve Bank, as announced in the 'Statement on Developmental and Regulatory Policies' dated February 07, 2025. The Working Group was chaired by Shri Radha Shyam Ratho, Executive Director, RBI. It was tasked with reviewing existing market timings, identifying operational challenges, examining global practices and recommending the way forward.
The Working Group has submitted its report and the same is being placed on the RBI website today. Comments on the Report are invited from stakeholders and members of the public by May...