February 7, 2025 2:56 PM

RBI forms Working Group to review trading and settlement timings of financial markets

The Reserve Bank of India (RBI) on Friday established a 9-member Working Group to conduct a comprehensive review of the trading and settlement timings for financial markets. The group will examine various developments in the financial sector over recent years, including the increased electronification of trading, the availability of Forex and certain interest rate derivative markets operating on a 24x5 basis, the growing participation of non-residents in domestic financial markets, and the roun...