RBI to conduct additional liquidity operations

Aims to facilitate smooth, non-disruptive conduct of banking operations

In view of the anticipated large volume of banking transactions during the annual closing of accounts for the current fiscal, the Reserve Bank of India (RBI) in order to facilitate smooth and non-disruptive conduct of banking operations, has decided to conduct additional liquidity operations.

On Thursday there will be an additional Liquidity Adjustment Facility (LAF) repo between 4:45pm to 5.15pm.

Besides that on Saturday and Sunday RBI will conduct a LAF repo, reverse repo and Marginal Standing Facility between 5:30-6:00PM.