RBI extended the market time for call money from July 1, 2 hours, tenure will be from 9 am to 7 pm

Rbi news: The Reserve Bank of India (RBI) said on Wednesday that the market time of ‘call money’ used for immediate financial needs will be increased from July 1 to 2 hours from 1 pm to 7 pm. When a bank borrows for a very short time (1 day) from another bank when a sudden cash is needed, it is called ‘call money’.

Market time from 9 am to 7 pm: The RBI has taken this decision based on the recommendations of the work groups constituted under the chairmanship of Radha Shyam Ratho. The group was designed to conduct a comprehensive review of the trading and disposal time of regulated financial markets. The central bank said in a statement that now the revised market time of call money will be from 9 am to 7 pm.Also Read: Investors’ enthusiasm increased due to 2 big decisions of RBI, the stock market eye on India America trade deal

Along with this, business hours of market repo and trilateral repo (TREP) will also be extended from 1 August 2025 to 4 pm. The revised business hours will be from 9 am to 4 pm. Currently, the market repo and TREP sections are closed at 2.30 pm and 3 pm respectively while the call money market is closed at 5 pm.ALSO READ: Reserve Bank reduced 0.5 repo rate, know what is special in RBI’s monetary policy from 10 things?

The RBI said that business hours will be unchanged for government securities market, foreign exchange market and interest rate derivative market. Along with this, the Reserve Bank said that other recommendations of the work group are under consideration and decisions will be taken at the appropriate time. (Language)

Edited by: Ravindra Gupta