Liquidity Adjustment Facility – Repo
and Reverse Repo Rates
RBI/2016-2017/268 April
06, 2017 All Scheduled Commercial Banks
(excluding RRBs), Madam / Sir, Liquidity
Adjustment Facility – Repo and Reverse Repo Rates As announced in the First
Bi-monthly Monetary Policy Statement, 2017-18 Resolution of the Monetary
Policy Committee (MPC), it has been decided to keep the Repo rate under the
Liquidity Adjustment Facility (LAF) unchanged at 6.25 per cent. However, consequent upon the
narrowing of the LAF corridor, the Reverse Repo rate under the LAF now stands
adjusted at 6.0 per cent. This change will come into force
with immediate effect. All other terms and conditions of the current LAF
Scheme will remain unchanged. Yours
sincerely (Radha
Shyam Ratho) |
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