Liquidity Adjustment Facility - Repo and Reverse Repo Rates - ആർബിഐ - Reserve Bank of India
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2006-07/84
FMD.No.9 /01.01.01/2006-07
July 25, 2006
All Scheduled Commercial Banks (excluding RRBs)
and Primary Dealers
Dear Sir,
Liquidity Adjustment Facility – Repo and Reverse Repo Rates
Please refer to paragraphs 66 and 67 of the ‘First Quarter Review of Annual Statement on Monetary Policy for the year 2006-07’ dated July 25, 2006 and our circular FMD.MOAG.No.5/01.01.01/2005-06 dated June 8, 2006.
2. In view of the current macroeconomic and overall monetary conditions, it has been decided, to increase the fixed reverse repo rate under the liquidity adjustment facility (LAF) of the Reserve Bank by 25 basis points with effect from second LAF of July 25, 2006 to 6.00 per cent from 5.75 per cent.
3. The repo rate will continue to be linked to the reverse repo rate. The spread between the reverse repo rate and the repo rate has been retained at 100 basis points, as at present. Accordingly, the fixed repo rate under LAF will be 7.00 per cent, with effect from second LAF of July 25, 2006.
4. All other terms and conditions of the current LAF Scheme will remain unchanged.
Yours faithfully
(Chandan Sinha)
Chief General Manager
ഈ പേജ് ഷെയർ ചെയ്യുക:
റിസർവ് ബാങ്ക് ഓഫ് ഇന്ത്യ മൊബൈൽ ആപ്ലിക്കേഷൻ ഇൻസ്റ്റാൾ ചെയ്ത് ഏറ്റവും പുതിയ വാർത്തകളിലേക്ക് വേഗത്തിലുള്ള ആക്സസ് നേടുക!
