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.
These changes will come into effect from March 31, 2020, and will be applicable till April 30, 2020, RBI said on Monday.
All other terms and conditions as applicable to LAF Reverse Repo and MSF operations will remain the same.
Type of operation | New Window Timing | Old Window Timing |
Fixed-rate Reverse Repo | 09:00 hrs to 23:59 hrs | 17:30 hrs to 23:59 hrs |
MSF | 09:00 hrs to 23:59 hrs | 17:30 hrs to 23:59 hrs |
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