Clubbing of Settlements
This is to inform you that Banks are closed on account of strike by Reserve Bank of India [RBI] on Friday, February 20, 2009.
Kindly note that shares bought on February 19, 2009 should not be sold on February 20, 2009 as trades done on both these days will be settled together on February 25, 2009 since February 23, 2009 is a bank holiday.
Further, the settlement date for trades done on Wednesday, February 18, 2009has been re-scheduled to February 24, 2009 since there are no settlements on Friday due to the bank strike.
Kindly note that the pay-in schedule for stocks sold on February 19, 2009 and February 20, 2009 has changed to 09.30 a.m. and 1.30 p.m. respectively which will be settled on February 25, 2009.
0 comments:
Post a Comment
All comments are moderated. Please post no spam