Fixed Rate Reverse Repo Operation on Saturday, December 10, 2016

aking into account the withdrawal of the incremental CRR effective from the fortnight beginning December 10, 2016 and with a view to provide flexibility to the banking system for its liquidity management, the Reserve Bank of India has decided to conduct Fixed Rate Reverse Repo operationon December 10, 2016 (Saturday) between 11.00 am and 12.00 noon. The reversal will take place on December 13, 2016 (Tuesday).

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