Taking into account the extended banking hours for conducting Government business on March 30 and 31, 2017, and with a view to providing flexibility to the banking system for its liquidity management, the Reserve Bank has decided to extend the timings of Reverse Repo and MSF operations to be conducted on March 30 and 31, 2017.

Accordingly, as against the normal time of 5.30 pm to 7.30 pm for conduct of Reverse Repo and MSF, the revised timings, on March 30 and 31, 2017 would be 5.30 pm to 11.45 pm.

Ajit Prasad
Assistant Adviser

Press Release : 2016-2017/2614