RBI forms panel to review financial market timings amid 24-hour trading and foreign investment growth.

The Reserve Bank of India (RBI) has formed a 9-member panel to review the trading and settlement timings of financial markets in response to recent developments such as 24-hour trading in some markets and increased foreign participation. The group will examine current practices, challenges, and international norms, aiming to submit its report by April 30. Additionally, the RBI plans to introduce forward contracts in government securities to help long-term investors manage interest rate risks.

1 month ago
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