Reversal of liquidity facilities under both SDF and MSF is available with effect from 30th December: RBI

The Reserve Bank of India today said that reversal of liquidity facilities under both Standing Deposit Facility (SDF) and Marginal Standing Facility (MSF) is available on an overnight basis on all days, including Sundays and holidays, with effect from December 30. However, it has been clarified that the reversal is permitted only on the next working day in Mumbai.   For deploying and using different tools for sucking out liquidity from the system, in case inflation shoots up or remains elevated,...