Banking hours to remain shortened till April 30 only: RBI

The Reserve Bank of India (RBI) on Thursday decided to continue with the truncated banking hours of 10 am to 2 pm till April 30. The RBI will review its position when banks reopen on May 4, after a three-day banking holiday from May 1 to May 3.

To minimise COVID spread, the RBI had amended working hours for various regulated markets from April 7 till April 17. However, as the government has ordered that the lockdown would continue till May 3, it has been decided to continue with the amended trading hours, said an RBI press communiqué.