Current · Source: Reserve Bank of India · RBI/2010-11/254 · issued 01 Nov 2010 · ~1 min read
Quick answerRBI will conduct a special second LAF (SLAF) at 4:15 PM daily from November 1 to 4, 2010, to ease liquidity. All other LAF terms remain unchanged. Banks and primary dealers must acknowledge receipt.
What changed
RBI introduced a special second LAF (SLAF) at 4:15 PM on all days from November 1 to 4, 2010, as announced on October 31, 2010. No other terms or conditions of the existing LAF scheme were modified.
What it means for you
This temporary SLAF provides an additional liquidity window for banks and primary dealers to manage short-term funding gaps during the specified period. It signals RBI's proactive stance to ease liquidity pressures without altering the broader LAF framework.
What you must do
Participate in the SLAF at 4:15 PM on November 1-4, 2010, if liquidity needs arise.
Ensure your treasury team is aware of the additional window and its timing.
Acknowledge receipt of this circular to RBI as instructed.
Who it affects
All Scheduled Commercial Banks (excluding RRBs), Primary Dealers
❓ Common questions
What is the timing of the special LAF?
The special second LAF (SLAF) will be conducted at 4:15 PM on each day from November 1 to 4, 2010.
Are any other LAF terms changed?
No, all other terms and conditions of the current LAF Scheme remain unchanged.
📜 Read the original circular — full text as issued by RBI
RBI/2010-11/254A
FMD.MOAG. No.52/01.01.001/2010-11
November 1, 2010
All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers
Dear Sir,
Liquidity Adjustment Facility – Liquidity Easing Measures
As announced by the Reserve Bank of India on October 31, 2010, a special second LAF (SLAF) will be conducted at 4.15 pm on all days during November 1 - 4, 2010.
2. All other terms and conditions of the current LAF Scheme will remain unchanged.
3. Please acknowledge receipt.
Yours sincerely
(P. Krishnamurthy)
Chief General Manager
Reproduced for reference with acknowledgment — Source: Reserve Bank of India · RBI/2010-11/254 · issued 01 Nov 2010. The plain-English explanation above is BankPulse’s own independent summary.
Example: if you are a Compliance officer at a bank this circular applies to (All Scheduled Commercial Banks (excluding RRBs), Primary Dealers), your first concrete step on “RBI Announces Special LAF for Nov 1-4, 2010” is: “Participate in the SLAF at 4:15 PM on November 1-4, 2010, if liquidity needs arise.” (RBI issued this 01 Nov 2010).
Circular: RBI/2010-11/254 -- RBI Announces Special LAF for Nov 1-4, 2010
Issued: 01 Nov 2010
Action required: Participate in the SLAF at 4:15 PM on November 1-4, 2010, if liquidity needs arise.
Action required: Ensure your treasury team is aware of the additional window and its timing.
Action required: Acknowledge receipt of this circular to RBI as instructed.
Owner: ____________ Target date: ____________
Board/committee approval needed? Y / N
Evidence filed in compliance register on: ____________
Built only from this circular’s own published fields — not legal advice; always confirm against the official RBI source.
💬 Banker Discussion
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BankPulse Compliance Evidence Pack — generated 03 Aug 2026 · status cross-checked against RBI’s official withdrawal register (refreshed weekly). Official RBI source: https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=6072&Mode=0 — Plain-English summary by BankPulse (bankpulse.ai), reviewed by our expert reviewer, CA Amit Jain. Independent platform, not affiliated with the Reserve Bank of India; is our own plain-English paraphrase, not RBI’s original wording.
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