RBI Market Timings Review – Longer Call Money & Repo Hours
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- Last Updated on 5 May, 2025

PR No. 2025-2026/233; Dated: 02.05.2025
The Reserve Bank of India (RBI) has published the report of the Working Group on Trading and Settlement Timings, which was constituted to undertake a comprehensive review of existing market timings across various segments.
1. Objective of the Review
The Working Group was set up to assess the alignment of trading and settlement hours with evolving domestic and global market practices, technological advancements, and stakeholder needs. The review aimed to enhance market efficiency, liquidity, and risk management across financial market segments.
2. Key Recommendations
As part of its report, the Working Group has proposed the following changes –
- Extension of Call Money Market Trading Hours – Trading in the call money market may be extended until 7:00 PM, allowing greater flexibility and responsiveness in managing short-term liquidity needs.
- Harmonisation of Repo Market Timings – The trading hours for market repo and Tri-Party Repo transactions should be synchronised and extended till 4:00 PM, enhancing operational coordination and settlement efficiency.
3. Public Consultation
The RBI has invited stakeholders and market participants to submit their comments on the report.
- Submission Deadline – May 30, 2025
- Mode of Submission – Comments can be emailed to the RBI at the address provided on its official website.
4. Next Steps
Following the public consultation, the RBI will review the feedback and may implement suitable changes to the market timings, as part of its ongoing efforts to modernize India’s financial markets.
Click Here To Read The Full Press Release
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