RBI/2018-19/200
REF.No.MPD.BC.387/07.01.279/2018-19
June
06, 2019
All Primary Dealers,
Standing
Liquidity Facility for
Primary Dealers
In the Second Bi-monthly Monetary Policy Statement 2019-20 of
the Monetary Policy Committee (MPC) of June 06, 2019, the policy
repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by
25 basis points to 5.75 per cent from 6.00 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 5.75 per cent with effect from June 06, 2019.
Yours
faithfully,
(Janak
Raj)
Principal Adviser
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