RBI to conduct extra LAF on Mar 31, changes time on Mar 30

In a bid to ease the huge liquidity pressure on the last day of the financial year, the RBI decided to conduct additional operations under Liquidity Adjustment Facility (LAF) on March 31, 2012 (Saturday). It will happen in between 2.30 p.m. and 3.00 p.m. The regulator normally does not carry LAF actions on any Saturday.

March 28, 2012 / 09:34 IST

Moneycontrol Bureau

In a bid to ease the huge liquidity pressure on the last day of the financial year, the Reserve Bank of India (RBI) decided to conduct additional operations under Liquidity Adjustment Facility (LAF) on March 31, 2012 (Saturday). It will happen in between 2.30 p.m. and 3.00 p.m. The regulator normally does not carry LAF actions on any Saturday.

first published: Mar 27, 2012 09:13 pm

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