Reverse Repo under LAF to be available between 7.00 p.m. to 7.30 p.m. from Monday

Based on the feedback received from the market participants, the Reserve Bank of India has decided to revise the timings of Reverse Repo window under Liquidity Adjustment Facility (LAF). The Reverse Repo window will now be available between 7.00 p.m. and 7.30 p.m. instead of the existing timings of 4.45 p.m. to 5.15 p.m. The change in timings will take effect from January 20, 2014 (Monday).

Ajit Prasad
Assistant General Manager

Press Release : 2013-2014/1439

Tags: 12-hour clockCentral bankLiquidity Adjustment FacilityMondayMonetary policyRepurchase agreementReserve Bank of IndiaReverse Repo

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