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RBI/2018-19/33
REF. No. MPD.BC. 384/07.01.279/2018-19
August
01, 2018
All Primary Dealers,
Standing
Liquidity Facility for Primary Dealers
In the Third Bi-monthly Monetary Policy Statement 2018-19 of
the Monetary Policy Committee (MPC), the repo rate under the
Liquidity Adjustment Facility (LAF) has been increased by 25 basis points
to 6.50 per cent from 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 of 6.50 per cent with effect from August 1, 2018.
Yours
faithfully,
(Janak
Raj)
Principal Adviser
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