RBI extends timings for daily reverse repo, MSF window for one month

All other terms and conditions as applicable to liquidity adjustment facility reverse repo and MSF operations will remain the same

The Reserve Bank on Monday extended timings for daily reverse repo and marginal standing facility (MSF) window for a period of one month.

After the revision, the operations can be conducted by participants throughout the day rather than the earlier focus on making the window open after the banking hours in the evening.

The fixed-rate reverse repo operation - when a player parks excess funds with the RBI for overnight interest - will be available for accessing between 9 am and 2359 hrs in the evening between March 31 and April 30, the central bank said.

Similarly, the MSF window will also be