April 04, 2019
All Primary Dealers
Standing Liquidity Facility for
In the First Bi-monthly Monetary Policy Statement 2019-20 of the
Monetary Policy Committee (MPC) of April 4, 2019, the policy repo rate
under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis
points to 6.00 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 6.00 per cent with effect
from April 04, 2019.