RBI Extends Fixed Rate Reverse Repo And MSF Window Timings

The RBI noted today that in view of the rapidly evolving financial conditions and taking into account the impact of disruptions caused by COVID-19, it has been decided as an interim measure to extend the window timings of Fixed Rate Reverse Repo and MSF operations to provide eligible market participants with greater flexibility in their liquidity management. The new window timings would be from 9.00 AM to 23.59 PM as compared to 17.30 PM to 23.59 PM. These changes will come into effect from March 31, 2020 and will be applicable till April 30, 2020. All other terms and conditions as applicable to LAF Reverse Repo and MSF operations will remain the same.

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