Description
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 that 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 is a temporary restriction for a single trading day at year-end.
Key Points
- Two scrips excluded from T+0 trading on December 31, 2025
- Union Bank of India (Scrip Code: 132477, Symbol: UNIONBANK#)
- Yes Bank Limited (Scrip Code: 132648, Symbol: YESBANK#)
- Restriction applies only to T+0 settlement cycle
- Regular T+1 settlement trading remains unaffected
Regulatory Changes
No permanent regulatory changes. This is a temporary operational measure for year-end trading arrangements.
Compliance Requirements
- Trading members must note these scrips will not be available for T+0 trading on the specified date
- Members should inform clients who trade these stocks in T+0 cycle
- Regular T+1 settlement trading can continue as normal
Important Dates
- Effective Date: December 31, 2025 (Wednesday)
- Notice Date: December 2, 2025
Impact Assessment
Market Impact: Low - Only two stocks affected for a single day. Traders using T+0 intraday settlement for these stocks will need to use regular T+1 settlement instead on December 31, 2025. This appears to be a year-end operational measure and does not indicate any fundamental issues with these banks. Normal trading and settlement will resume after this date.
Impact Justification
Temporary one-day restriction on T+0 trading for two specific stocks on year-end date; does not affect regular T+1 settlement trading