Open till 7pm? RBI panel calls for extending money market hours – Times of India
MUMBAI: With UPI and other digital rails keeping money in motion round-the-clock – and India’s markets becoming more entwined with global ones – an RBI panel has proposed extending money market hours to 7pm from 5pm. The shift would give banks greater flexibility in managing short-term liquidity and accessing interbank and central bank funds.The recommendations…