The Reserve Bank of India (RBI) on September 14, 2024, notified regarding the Change in Public Holiday under the Negotiable Instruments Act – No Transactions and Settlements in Government Securities, Forex and Money Markets on September 18, 2024.
It is stated that the Government of Maharashtra has declared September 18, 2024, as a public holiday under Section 25 of the Negotiable Instruments Act, of 1881. The public holiday on September 16, 2024, declared earlier has been cancelled. Accordingly, there will be no transactions and settlements in Government securities, foreign exchange, money markets and rupee interest rate derivatives on September 18, 2024. Settlement of all outstanding transactions due on September 18, 2024 (Wednesday) will get postponed to the next working day, i.e., September 19, 2024 (Thursday).
[Press Release: 2024-2025/1114]
