RBI extends call money market timings by 2 hours from August 1

Jun 25, 2025

Synopsis
The Reserve Bank of India will extend trading hours for the interbank call money market. The new hours will be 9:00 a.m. to 7:00 p.m. Indian Standard Time, starting July 1. Market repo and tri-party repo hours are also extended. These will now close at 4:00 p.m. Indian Standard Time, effective August 1.

The Reserve Bank of India has broadened the operational window for the interbank call money market, extending trading hours by two hours until 7:00 p.m. IST, effective July 1.

The Reserve Bank of India on Wednesday extended the trading hours for the interbank call money market by 2 hours to 7:00 p.m. IST, with effect from July 1.

Banks borrow and lend money in the call market.

The revised timings for the call market will be 9:00 a.m. IST to 7:00 p.m. IST.

The central bank also extended the hours for market repo and tri-party repo to 4:00 p.m. IST, with effect from August 1.

In May, a working group set up by the central bank had recommended longer operating hours for the interbank money markets.

The trading hours for government bonds, foreign exchange and interest rate derivative markets have been left unchanged.

[The Economic Times]