RBI/2015-2016/357
FMOD.MAOG. No. 112 /01.01.001/2015-16

April 05, 2016

All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary Dealers

Madam / Sir,

Liquidity Adjustment Facility – Repo and Reverse Repo Rates

As announced in the Monetary policy by the Governor today, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.75 per cent to 6.50 per cent.

Further, the Reverse Repo rate under the LAF has been increased by 25 basis points from 5.75 percent to 6.00 percent.

These changes will come into force with immediate effect. All other terms and conditions of the current LAF Scheme will remain unchanged.

Yours sincerely

(M. Rajeshwar Rao)
Chief General Manager