August 2, 2017
All Primary Dealers
Liquidity Facility for
Please refer to the Third Bi-monthly Monetary Policy
Statement, 2017-18 - 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 6.25 per cent to 6.0 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 6.0 per cent with effect from August 2, 2017.