Mumbai, Sep 4 (PTI) The Reserve Financial institution of India (RBI) on Thursday stated there will likely be no transactions and settlements in authorities securities, overseas alternate, cash markets and rupee rate of interest derivatives on September 8 because of a public vacation declared by the Maharashtra authorities.
The Authorities of Maharashtra has declared September 8, 2025, as a public vacation underneath Part 25 of the Negotiable Devices Act, 1881 and subsequently, the general public vacation on September 5, 2025, declared earlier has been cancelled, RBI stated in a press release.
Accordingly, there will likely be no transactions and settlements in Authorities securities, overseas alternate, cash markets and rupee rate of interest derivatives on September 8, 2025, it stated.
The federal government securities market, overseas alternate market, cash market and rupee rate of interest derivatives market will now be operational on September 5, 2025, it stated.
Settlement of all excellent transactions due on September 8 will get postponed to the subsequent working day, i.e., September 9, it stated.
The RBI assertion additional stated, settlement of the public sale of Authorities of India Dated Securities performed on September 4 will happen on September 9, 2025 (Tuesday), it stated.
The Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) home windows underneath the Liquidity Adjustment Facility (LAF) will likely be out there as per the revised vacation, it stated.
Accordingly, it stated, all of the SDF and MSF bids positioned right now will get reversed tomorrow i.e., September 5. Additional, the SDF and MSF home windows will likely be out there as traditional on all days as per the extant pointers.
