RBI/2018-2019/160
FMOD.MAOG.No.130/01.01.001/2018-19
April 4, 2019
All Liquidity Adjustment Facility (LAF) participants
Madam/Sir,
Liquidity Adjustment Facility –
Repo and Reverse Repo Rates
As announced in the First Bi-monthly Monetary Policy Statement,
2019-20, 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 6.25 per cent to 6.00 per cent with
immediate effect.
2. Consequently, the Reverse Repo rate under the LAF stands adjusted
to 5.75
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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