Maharashtra reschedules Eid-e-Milad public holiday to Sept 18, 2024, affecting RBI trading and financial markets.

The Maharashtra government has rescheduled the public holiday for Eid-e-Milad to September 18, 2024, from its original date of September 16. This change aims to prevent conflicts with the Ganpati immersion ceremonies. As a result, the Reserve Bank of India will halt trading in government securities and other financial markets on September 18, with all related transactions postponed to September 19. Markets will operate normally on September 16.

September 14, 2024
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