The Reserve Bank of India (RBI) has made a major announcement. The public holiday has been changed. The Maharashtra government has announced a public holiday on September 18, 2024, on which there will be no trading of government securities, foreign exchange markets, money markets and rupee interest rate derivatives. The Maharashtra government has declared September 18 as a public holiday under Section 25 of the Negotiable Instruments Act, 1881.
The Reserve Bank of India (RBI) has also declared a holiday for various trading markets. The RBI issued a notification in this regard on September 14. According to… On September 18, 2024, there will be no transaction or settlement in government securities, foreign exchange, money markets and rupee interest rate derivatives. All settlements due on September 18 will be made on the next working day, September 19.
“RBI said. Earlier, September 16, 2024 was set as a public holiday for these markets. It was cancelled and rescheduled for September 18 2024. The Reserve Bank of India has decided to extend the Eid-e-Milad holiday from September 16 to September 18.
read more articles here
