October 4, 2016
All Primary Dealers
Liquidity Facility for
Please refer to the Fourth Bi-monthly Monetary Policy Statement, 2016-17 - Resolution
of the Monetary Policy Committee (MPC), in terms of which the repo rate
under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis
points from 6.5 per cent to 6.25 per cent with immediate effect.
2. Accordingly, the Standing
Liquidity Facility provided to Primary Dealers (PDs) (collateralised
liquidity support) from the Reserve Bank would be available at the revised
repo rate, i.e., at 6.25 per cent with effect from October 4, 2016.