Liquidity Adjustment Facility - Repo and Reverse Repo Rates - ଆରବିଆଇ - Reserve Bank of India
Liquidity Adjustment Facility - Repo and Reverse Repo Rates
RBI/2008-2009/442 April 21, 2009 All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers Dear Sir, Liquidity Adjustment Facility – Repo and Reverse Repo Rates As announced in the Annual Policy Statement for the year 2009-10, the Reserve Bank has decided to reduce the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.00 per cent to 4.75 per cent and the reverse repo rate by 25 basis points from 3.50 per cent to 3.25 percent with immediate effect. Yours faithfully (Chandan Sinha) |