📢 India: Maharashtra Government Declares September 8, 2025, as Public Holiday – Impact Across Financial Markets
At Swaps Monitor, we proactively track and update our clients on market holidays and trading disruptions—ensuring you’re always in sync with the markets.
As an example, today the Government of Maharashtra has declared Monday, September 8, 2025, as a public holiday under Section 25 of the Negotiable Instruments Act, 1881.
This update will affect all major market segments, including:
🔹 Government Securities Market
🔹 Foreign Exchange Market
🔹 Money Market
🔹 Rupee Interest Rate Derivatives Market
🔹 Equity Markets
🔹 Derivatives Markets
🔍 Why This Matters for Your Operations
If you are involved in trading, settlements, or compliance, this change has direct implications:
🔹Settlement cycle adjustments
🔹Trade booking and reporting deadlines
🔹Liquidity and funding operations
🔹Regulatory and cut-off compliance
Failing to reflect these changes in your systems could result in missed settlements, reconciliation errors, or operational bottlenecks.
✅ How We Helped Clients Stay Ahead
We’re proud of our rapid response to this announcement—informing clients well ahead of official sources and providing timely updates to ensure smooth operations.
🕒 Key Timings (All times approx., in IST):
- We alerted clients: 4:53 PM IST
- RBI circular released: 5:59 PM IST
- We delivered updated files: 6:14 PM IST
- Exchange Announcements:
- NSE: 6:23 PM IST
- BSE: 6:26 PM IST
- MSEI: 8:28 PM IST
Thanks to this swift response, our clients gained an operational advantage, allowing them to make early adjustments to internal systems, processes, and communications. We remain committed to complementing the efforts of exchanges by providing timely, actionable updates to support smooth business continuity.
If you’re already a subscriber, no action is needed. If you’re not, now is a great time to explore how we can support your team in avoiding costly oversights.
📩 Contact us at info@swapsmonitor.com to learn more or schedule a quick demo.