FMOD.MAOG. No.126 /01.01.001/2018-19
All Scheduled Commercial Banks
Scheduled Urban Co-operative Banks and Standalone Primary Dealers
Adjustment Facility – Repo and Reverse Repo Rates
As announced in the Third Bi-monthly Monetary Policy Statement, 2018-19 today,
it has been decided by the Monetary Policy Committee (MPC) to increase the
policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis
points from 6.25 per cent to 6.50
per cent with immediate effect.
2. Consequent to the change in
the Repo rate, the Reverse Repo rate under the LAF stands adjusted to 6.25 per cent with
3. All other terms and
conditions of the extant LAF Scheme will remain unchanged.
Chief General Manager