RBI/2010-2011/266
FMD.MOAG. No.54/01.01.01/2010-11

November 9, 2010

All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers

Dear Sir,

Liquidity Adjustment Facility – Liquidity Easing Measure

In order to provide liquidity comfort and to ease the frictional liquidity pressure, it has been decided to conduct a special second LAF (SLAF) on a daily basis at 4.15 pm up to December 16, 2010 with effect from November 9, 2010.

2. All other terms and conditions of the current LAF Scheme will remain unchanged.

3. Please acknowledge receipt.

Yours sincerely

(Nishita Raje)
Director