2025-09-08 21:24
IndustriyaThe Fin. Market Remains Closed on Sep 8 in Mumbai
The Reserve Bank of India (RBI) decided to close the market for Milad-Un-Nabi, earlier scheduled for September 5, 2025, to September 8, 2025, in Mumbai, following the decision made by the Maharashtra government regarding the change in the holiday calendar. The Maharashtra General Administration Department issued a notification regarding the holiday reschedule in the Mumbai city and suburban districts. The move was in line to prevent an overlap with Anant Chaturdashi on September 6, 2025. As per the RBI ruling, no translations or settlements will take place in forex, government securities, money markets, or rupee interest rate derivatives.
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The Fin. Market Remains Closed on Sep 8 in Mumbai
India | 2025-09-08 21:24The Reserve Bank of India (RBI) decided to close the market for Milad-Un-Nabi, earlier scheduled for September 5, 2025, to September 8, 2025, in Mumbai, following the decision made by the Maharashtra government regarding the change in the holiday calendar. The Maharashtra General Administration Department issued a notification regarding the holiday reschedule in the Mumbai city and suburban districts. The move was in line to prevent an overlap with Anant Chaturdashi on September 6, 2025. As per the RBI ruling, no translations or settlements will take place in forex, government securities, money markets, or rupee interest rate derivatives.
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