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    HomeNewsBusinessPress ReleaseSpecial measures during the Annual closing of Accounts of Banks on March 31, 2015 - Change in timings of Reverse Repo and MSF operations

    Special measures during the Annual closing of Accounts of Banks on March 31, 2015 - Change in timings of Reverse Repo and MSF operations

    Special measures during the Annual closing of Accounts of Banks on March 31, 2015 - Change in timings of Reverse Repo and MSF operations

    March 27, 2015 / 18:55 IST

    Taking into account the extended banking hours for conducting Government business on March 31, 2015, and with a view to providing flexibility to the banking system for its liquidity management, the Reserve Bank has decided to shift the timings of Reverse Repo and MSF operations to be conducted on March 31, 2015 from 7.00 pm - 7.30 pm to 9.00 pm- 9.30 pm.

    Further, Reserve Bank will continue to closely monitor the evolving liquidity conditions during the week and will conduct appropriate liquidity operations, as may be required.

    Ajit Prasad AssistantGeneralManager

    Press Release : 2014-2015/2045

    first published: Mar 27, 2015 06:55 pm

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