RBI/2006-2007/298 FMD.MOAG No.13 /01.01.01/2006-07March 30, 2007All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir,Liquidity Adjustment Facility – Acceptance of State Development Loans under Repos In accordance with the paragraph 133 of the Annual Statement on Monetary Policy for the year 2006-07 dated April 18, 2006, the State Development Loans (SDLs) will qualify as eligible securities under the Liquidity Adjustment Facility (LAF) - Repos w

RBI/2006-2007/279FMD.MOAG No.12 /01.01.01/2006-07March 2, 2007@@NBSP@@ All Scheduled Commercial Banks (excluding RRBs)and Primary DealersDear Sir,Liquidity Adjustment Facility – Modified Arrangements Please refer paragraphs 89 and 95 of the Third Quarter Review of Annual Statement on Monetary Policy for the Year 2006-07 and the press release issued today on 'Liquidity Management – Modified Arrangements'. The existing arrangements for LAF in place vide our circulars ID

RBI/2006-2007/238 FMD.No.11/01.01.01/2006-07 January 31, 2007 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates Please refer to paragraphs 93 and 94 of the ‘Third Quarter Review of Annual Statement on Monetary Policy for the year 2006-07’ dated January 31, 2007 and our circular FMD.No.10/01.01.01/2006-07 dated October 31, 2006. 2. In view of the current macroeconomic and overall mo

RBI/2006-07/184 FE.CO.FMD. 10653/17.03.00(Policy)/2006-07 November 16, 2006 To, The Chairperson/ Chief Executives of Category – I Authorised Dealer Banks Dear Sir/ Madam, Working group on Cost of NRI Remittances- Implementation of the Recommendations The Working Group (Chairman: Shri P.K. Pain) constituted by the Reserve Bank to examine various cost aspects of NRI remittances submitted its report in August 2006, which was placed on the Reserve Bank website inviting fe

RBI/2006-07/163@@NBSP@@@@NBSP@@@@NBSP@@ FMD.No.10/01.01.01/2006-07@@NBSP@@@@NBSP@@@@NBSP@@ October 31, 2006 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates Please refer to paragraphs 73 and 74 of the ‘Mid-Term Review of Annual Policy Statement for the Year 2006-07’ dated October 31, 2006 and our circular FMD.No.9/01.01.01/2006-07 dated July 25, 2006. 2. In view of the current mac

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 co

RBI/ 2005-06/403 FMD.MOAG. No. 5/.01.01.01/2005-06 June 8, 2006 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, LIQUIDITY ADJUSTMENT FACILITY – REPO AND REVERSE REPO RATES In view of the current macroeconomic and overall monetary conditions, the Reserve Bank of India has decided to increase the reverse repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points to 5.75 per cent from 5.50 per cent, with immediate effect. 2.

RBI/2005-06/299 FMD.MOAG.No.4 /01.01.01/2005-06 February 10, 2006 All Scheduled Commercial Bank (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Modifications Please refer to our circular IDMD. OMO No.08/03.75.00/2004-05 dated 27th October 2004 on the captioned subject. To save on time, members have the facility of replenishing their RC SGL account by indicating their clear intent (faxing the physical SGL form to PAD, Securities Section)

RBI/ 2005-06/284 FMD.No. 311/.01.01.01/2005-06 January 24, 2006 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, LIQUIDITY ADJUSTMENT FACILITY – REPO AND REVERSE REPO RATES Please refer to paragraphs 70 and 71 of the Third Quarter Review of the Annual Statement on Monetary Policy for the year 2005-06 dated 24th January 2006 and our circular FMD.No.1/01.01.01/2005-06 dated October 25, 2005. 2. In view of the current macroeconomic and overal

RBI/2005-06/221 FMD.No. 2 /01.01.01/2005-06 November 25 , 2005 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, SECOND Liquidity Adjustment Facility At present, Reserve Bank of India operates a Liquidity Adjustment Facility (LAF) to inject/absorb liquidity through daily repos/reverse repos auctions. These operations are conducted in the forenoon between 9.30 A.M. and 10.30 A.M. To fine-tune the management of liquidity and in response to re