Liquidity Adjustment Facility- Reverse Repo

RBI/2013-14/451

FMD.MOAG. No.95/01.01.001/2013-14

January 17, 2014

All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers

Madam / Sir,

Liquidity Adjustment Facility- Reverse Repo

Based on the feedback received from the market participants, it has been decided to revise the timings of Reverse Repo window under Liquidity Adjustment Facility (LAF). The Reverse Repo window will now be available between 7.00 pm and 7.30 pm instead of the existing timings of 4.45 pm to 5.15 pm. The change in timings will take effect from January 20, 2014 (Monday).

2. All other terms and conditions of the current Reverse Repo scheme under LAF will remain unchanged.

Yours sincerely

(G. Mahalingam)
Principal Chief General Manager