On Friday, Reserve Bank of India's new Governor, Sanjay Malhotra, announced that the RBI will establish a panel to conduct a thorough review of the trading and settlement timings of markets regulated by the central bank.
At the conclusion of the three-day Monetary Policy Committee (MPC) meeting, Malhotra mentioned that a working group, comprising representatives from various stakeholders, will be set up to carry out the review in light of recent developments in financial markets and market infrastructure.
The panel is expected to submit its report by April 30 of this year.
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