Avail 50% discount on All CS & CMA subjects for Dec batch . Use coupon code Dec14

×
Home > Notifications > Others > Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates


Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Notifications & Circulars

Liquidity Adjustment Facility – Repo and Reverse Repo and Marginal Standing Facility Rates
Notice Date : 29 January 2013

 

RBI/2012-2013/398
FMD.MOAG. No.74/01.01.001/2012-13

January 29, 2013

 

All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers

 

Dear Sir,

 

Liquidity Adjustment Facility – Repo and Reverse Repo 
and Marginal Standing Facility Rates

 

As announced today by the Governor in the Third Quarter Review of the Monetary Policy 2012-13, it has been decided to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 8.00 per cent to 7.75 per cent with immediate effect.

 

2. Consequent to the change in the Repo rate, the Reverse Repo rate under the LAF and the Marginal Standing Facility (MSF) rate will stand automatically adjusted to 6.75 per cent and 8.75 per cent respectively with immediate effect.

 

3. All other terms and conditions of the current LAF and MSF Schemes will remain unchanged.

 

4. Please acknowledge receipt.

 

Yours sincerely

(G. Mahalingam) 
Chief General Manager

Notification No : RBI/2012-2013/398
Source : ,
Posted by : on 30 January 2013



You need to be logged in to post comment

Comments (0)






More Notification & Circulars from this category



More newer Notification & Circulars ....





Submit



Quick Links


 










back to the top