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

 Notice Date : 29 January 2013


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


on 30 January 2013
Notification No : RBI/2012-2013/398
Published in Others
Source : ,

 Recent Comments

Total: 0

× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x
Download GST App    |    x