MUMBAI, March 26 The Reserve Bank of India will
hold an additional repo auction on March 28, the last working
day of the current fiscal year when demand for funds from banks
The auction will be held between 1115 and 1145 GMT.
The central bank will also hold additional repo, reverse
repo and marginal standing facility auctions on March 30 and
March 31 between 1200 and 1230 GMT, it said in a statement.
"The Reserve Bank of India, in order to facilitate smooth
and non-disruptive conduct of banking operations, has decided to
conduct additional liquidity operation," it said.
The reversal of all additional liquidity adjustment facility
shall be on April 2.
(Reporting by Shamik Paul; Editing by Subhranshu Sahu)