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        FEMA & RBI

        RBI to offer two-day Funds to Banks through MSF Today

        September 14, 2013

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        Given the market conditions, the Reserve Bank of India (RBI) has decided to offer two-day funds to banks through the Marginal Standing Facility (MSF). The MSF window will be open today between 5 pm and 5.30 pm. Funds will be repayable on Monday, September 16, 2013.

        Alpana Killawala

        Principal Chief General Manager

        Marginal Standing Facility funds offered to banks for two-day liquidity support through a limited intraday window. Reserve Bank of India will provide two-day funds under the Marginal Standing Facility via a limited intraday window open between 5:00 pm and 5:30 pm, with funds repayable on the stated maturity date; this is a time-limited central bank liquidity operation responding to prevailing market conditions.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Marginal Standing Facility funds offered to banks for two-day liquidity support through a limited intraday window.

                                Reserve Bank of India will provide two-day funds under the Marginal Standing Facility via a limited intraday window open between 5:00 pm and 5:30 pm, with funds repayable on the stated maturity date; this is a time-limited central bank liquidity operation responding to prevailing market conditions.


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