Liquidity Adjustment Facility - Repo and Reverse Repo Rates - ಆರ್ಬಿಐ - Reserve Bank of India
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2019-2020/33 August 7, 2019 All Liquidity Adjustment Facility (LAF) participants Madam/Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced in the Third Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 35 basis points from 5.75 per cent to 5.40 per cent with immediate effect. 2. Consequently, the Reverse Repo rate under the LAF stands adjusted to 5.15 per cent with immediate effect. 3. All other terms and conditions of the extant LAF Scheme will remain unchanged. Yours sincerely (Radha Shyam Ratho) |