REF. No. MPD.BC.385/07.01.279/2018-19
All Primary Dealers,
Liquidity Facility for Primary Dealers
In the Sixth Bi-monthly Monetary Policy Statement 2018-19 of
the Monetary Policy Committee (MPC) of February 7, 2019, the repo
rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25
basis points to 6.25 per cent from 6.50 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 6.25 per cent with effect from February 07, 2019.