Standing Liquidity Facility for Primary Dealers - RBI - Reserve Bank of India
Standing Liquidity Facility for Primary Dealers
RBI/2018-19/200 June 06, 2019 All Primary Dealers, Standing Liquidity Facility for In the Second Bi-monthly Monetary Policy Statement 2019-20 of the Monetary Policy Committee (MPC) of June 06, 2019, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 25 basis points to 5.75 per cent from 6.00 per cent with immediate effect. 2. Accordingly, the Standing Liquidity Facility provided to Primary Dealers (PDs) (collateralised liquidity support) from the Reserve Bank would be available at the revised repo rate of 5.75 per cent with effect from June 06, 2019. Yours faithfully, (Janak Raj) |