RBI Regulated Markets Exempted From ‘Shut Down’

Mumbai, March 20, 2020: Institutions and establishments in RBI regulated markets are exempted from ‘Shut Down’ of private offices and establishments in Mumbai city.

Shri Uddhav Thackarey, Chief Minister of Maharashtra has announced shutting down of all shops, establishments and private offices in Mumbai region till March, 31st. The State Govt. in its latest communication clarified that all banks, other RBI regulated entities including stand-alone primary dealers, Clearing Corporation of India Ltd.(CCIL), National Payment Corporation of India (NPCI), Payment system operators and financial markets participants operating in RBI regulated markets are exempted from the ‘Shut Down’