There will be a holiday in the stock market on the occasion of Ram Mandir Pran Pratistha, RBI has issued a circular, know what work will not be done.
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Ram Mandir: There is enthusiasm and religious atmosphere in the entire country regarding the consecration of Lord Bal Deity in Ayodhya. Holidays have been announced in many states regarding this. Also, the central government has announced a half-day holiday. Meanwhile, National Stock Exchange (NSE) has issued a circular. NSE has said that there will be normal trading in the stock market on January 22. This means that both BSE Sensex and Nifty will remain closed. Along with this, a circular has also been issued by the Reserve Bank of India. It has been informed that the money market will be open only for half days due to the Pran Pratistha programme. It has been told in the notice that the currency markets will open on Monday at 2.30 pm instead of 9 am. However, trading will happen till 5 pm instead of 3.30 pm.
What will not happen on Monday
The stock market will remain completely closed on Monday due to the Pran Pratistha program of Ram Lalla. Whereas buying and selling of bonds, dollars or other currencies can be done after 2.30 pm and before 5 pm. Let us tell you that in this regard, the Department of Personnel and Training had issued an order to the central institutions and central industrial establishments that there will be a half-day holiday in public sector banks, insurance companies and regional rural banks (RRBs) on January 22 (Monday). . Since then circulars have been issued by RBI and NSE. Also, work related to post office will also be possible to be done after 2.30 pm.
There will be no exchange of Rs 2000 notes
Another important work will be affected due to the order issued by the Central Government. Under this, even Rs 2000 notes will not be exchanged in 19 regional offices of the Reserve Bank of India. However, exchange of notes will resume normally from January 23. Let us tell you that Rs 2,000 notes were taken out of circulation by the Reserve Bank on 19 May 2023. However, its legal tender still remains. The central bank had given time till October 7, 2023 to the people to exchange Rs 2000 notes in their nearest banks. Now these can be changed by post or at the RBI office itself.
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