RBI Increases Market Trading Hours; Check Details

RBI Increases Market Trading Hours; Check Details The Reserve Bank of India(RBI) Vide Press Release: 2022-2023/55 Dated 11th April 2022 increases Market Trading Hours. From April 18, trading in markets regulated by the Reserve Bank of India (RBI) will resume at 9 a.m., restoring pre-pandemic trading hours. The markets are currently open at 10 a.m. Following the coronavirus epidemic, which caused operational disruptions and increased health hazards, the trading hours for different RBI-regulated markets were altered on April 7, 2020. The trading hours were later partially restored with effect from November 9, 2020, as operational restrictions eased. The trading hours of these markets will change on April 18 to 9 a.m. to 3.30 p.m., according to a statement released by the central bank on Monday. RBI stated in a press release, "The trading hours for various markets regulated by the Reserve Bank were amended with effect from April 7, 2020 in view of the operational dislocations and elevated levels of health risks posed by COVID-19. Subsequently, with abatement of operational constraints, the trading hours were partially restored with effect from November 9, 2020. With the substantial easing of restrictions on movement of people and functioning of offices, it has now been decided to restore the opening time for regulated financial markets to their pre-pandemic timing of 9:00 a.m." Accordingly, with effect from April 18, 2022, the trading hours for the markets regulated by the Reserve Bank would be as under: