Consequent to the banks being open for public transactions and Payment Systems (RTGS, NEFT, Cheque Clearing, Repo, CBLO and Call markets) being functional on November 12 (Saturday) and November 13, 2016 (Sunday), it has been decided that the regular LAF windows (fixed rate repo, fixed rate reverse repo and MSF) will be available on said days.

Participants can borrow in Repo as per their limits on November 11, 2016 (Friday) for 4-days and the residual unused limits could be utilised on November 12, 2016 (Saturday) for 3-days and on November 13, 2016 (Sunday) for 2-days.

On Monday, November 14, 2016, the LAF facility will be available as per the facility available on RTGS-working-Mumbai Holidays (detailed in the press release dated February 17, 2016).

Alpana Killawala
Principal Adviser

Press Release: 2016-2017/1178