CCIL notified public holiday on September 18, 2024, instead of September 16, 2024

Sep 18, 2024 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Clearing Corporation of India Limited (CCIL) on September 14, 2024, issued the notification declaring September 16, 2024, as a Business Day for all the Segments and public holiday on September 18, 2024.

The following has been stated namely: -

• September 18, 2024, has been declared as a public holiday instead of September 16, 2024

• September 16, 2024, shall be considered a Business Day for all the Settlement Segments 

• The trades/obligations due for settlement on September 18, 2024, shall be handled in accordance with the provisions of Chapter – ‘Sudden Event Handling’/ ‘Holiday Handling’ of respective Settlement Segment Regulations and settled along with trades/obligations due for Settlement on September 19, 2024. 

• The Settlement of secondary market transactions in Government securities, foreign exchange market, money market, and rupee interest rate derivatives market which were due on September 17, 2024, will continue to be on the same day.

[Notification No. CCIL/Legal/24/13]


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