RBI/2018-2019/114
FMOD.MAOG.No.128/01.01.001/2018-19
February
7, 2019
All Liquidity Adjustment
Facility (LAF) participants
Madam/Sir,
Liquidity
Adjustment Facility – Repo and Reverse Repo Rates
As announced in the Sixth Bi-monthly Monetary Policy Statement, 2018-19,
today, it has been decided by the Monetary Policy Committee (MPC) to reduce
the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25
basis points from 6.5 per cent to 6.25
per cent with immediate effect.
2. Consequently, the Reverse
Repo rate under the LAF stands adjusted to 6.0 per cent with
immediate effect.
3. All other terms and
conditions of the extant LAF Scheme will remain unchanged.
Yours
sincerely
(Radha
Shyam Ratho)
Chief General Manager
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