The Reserve Bank of India (RBI) is considering extending money market hours until 7pm, a move aimed at offering banks more flexibility in managing liquidity and accessing funds. The proposal comes in response to the growth and heightened intricacies of India’s financial markets since 2019. The suggested changes encompass modifications to trading and settlement windows for different financial instruments, as well as adjustments to the timings of liquidity adjustment facility auctions. This initiative is expected to streamline operations and enhance efficiency in the country’s financial sector.