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 stocks - 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 applicable only to the specified date.
Key Points
- Union Bank of India (Scrip Code: 132477, Symbol: UNIONBANK#) excluded from T+0 trading
- Yes Bank Limited (Scrip Code: 132648, Symbol: YESBANK#) excluded from T+0 trading
- Restriction applies only to December 31, 2025
- Notice issued by BSE Trading Operations on December 2, 2025
- Only affects T+0 settlement cycle, not regular settlement cycles
Regulatory Changes
No permanent regulatory changes. This is a temporary operational measure for the specified date.
Compliance Requirements
Trading members must ensure these two scrips are not traded in the T+0 settlement cycle on December 31, 2025. Regular settlement cycles remain available for these securities.
Important Dates
- Notice Date: December 2, 2025
- Effective Date: December 31, 2025 (Wednesday)
Impact Assessment
Minimal market impact expected. The restriction is limited to two scrips for one trading day and only affects the T+0 settlement option. Traders can still transact these securities through regular T+1 settlement. This appears to be a year-end operational measure, likely related to settlement processing during the calendar year transition.
Impact Justification
Temporary one-day restriction on T+0 trading for two specific scrips on year-end date, regular T+1 settlement likely remains available