Keeping in view the prevailing overall liquidity conditions and with a view to providing flexibility to scheduled commercial banks in their liquidity management, RBI has decided to conduct additional repo operations under Liquidity Adjustment Facility (LAF) on December 16, 2011 (Friday) between 4.30 pm and 5.00 pm, over and above the existing LAF and Marginal Standing Facility (MSF) arrangements. Ajit Prasad
Assistant General Manager Press Release : 2011-2012/946 | 
