Liquidity Adjustment Facility - Repo and Reverse Repo Rates
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2017-2018/183
FMOD.MAOG. No.123 /01.01.001/2017-18
1. As announced in the Second Bi-monthly Monetary Policy Statement, 2018-19, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.0 per cent to 6.25 per cent with immediate effect.
2. Consequent to the change in the Repo rate, the Reverse Repo rate under the LAF stands adjusted to 6.00 per cent with immediate effect.
3. All other terms and conditions of the extant LAF Scheme will remain unchanged.
Yours sincerely
(Radha Shyam Ratho)
Chief General Manager
Marginal Standing Facility
RBI/2017-2018/184
FMOD.MAOG.No.124/01.18.001/2017-18
1. As announced in the Second Bi-monthly Monetary Policy Statement, 2018-19, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.0 per cent to 6.25 per cent with immediate effect.
2. Consequent to the change in the Repo rate, the Marginal Standing Facility (MSF) rate stands adjusted to 6.50 per cent with immediate effect.
3. All other terms and conditions of the extant MSF scheme will remain unchanged.
Yours sincerely
(Radha Shyam Ratho)
Chief General Manager
Change in Bank Rate
RBI/2017-18/185
DBR.No.Ret.BC.107/12.01.001/2017-18
This story is from the July 2018 edition of BANKING FINANCE.
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This story is from the July 2018 edition of BANKING FINANCE.
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