Description
BSE announces that Union Bank of India and Yes Bank Limited will not be available for trading in T+0 rolling settlement cycle on December 31, 2025.
Summary
BSE has notified trading members that two banking scrips - Union Bank of India (UNIONBANK#) and Yes Bank Limited (YESBANK#) - will not be available for trading in the T+0 rolling settlement cycle on Wednesday, December 31, 2025. This restriction is specific to same-day settlement trading only.
Key Points
- Two scrips excluded from T+0 trading on December 31, 2025
- Affected securities: Union Bank of India (Scrip Code: 132477) and Yes Bank Limited (Scrip Code: 132648)
- Restriction applies only to T+0 rolling settlement cycle
- Regular T+1 settlement trading remains unaffected
- Notice issued on December 2, 2025
Regulatory Changes
No permanent regulatory changes. This is a specific operational restriction for a single trading day.
Compliance Requirements
Trading members must ensure these two scrips are not traded in T+0 settlement cycle on December 31, 2025. Regular settlement cycle trading can continue as normal.
Important Dates
- Notice Date: December 2, 2025
- Effective Date: December 31, 2025 (Wednesday)
Impact Assessment
Minimal market impact expected. The restriction affects only same-day settlement trading for two banking stocks on year-end date. Traders can still execute transactions in regular T+1 settlement cycle. This appears to be a precautionary measure for year-end processing and will not affect the overall trading or liquidity of these securities.
Impact Justification
Temporary one-day restriction on T+0 trading for two specific scrips on year-end date; does not affect regular T+1 settlement or overall trading availability