Back-to-back settlement holidays to postpone trade processing; What investors need to know

Investors will be confronted with a temporary disruption of the settlements of Handels, because September 5 (Friday) and 8 September (Monday) both have been declared settlements. The Reserve Bank of India (RBI) shifted the holiday for EID-E-Milad from Friday to Monday and created two consecutive non-working days in the Equity settlement cycle. As a result, […]