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Liquidity Adjustment Facility – Repo and Reverse Repo Rates


 Notice Date : 17 March 2011

 Liquidity Adjustment Facility – Repo and Reverse Repo Rates

 

RBI/2010-2011/431

FMD.MOAG. No.57/01.01.01/2010-11

March 17, 2011

 

All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers

Dear Sir,

 

Liquidity Adjustment Facility – Repo and Reverse Repo Rates

 

As announced today in the Mid-Quarter Monetary Policy Review, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.50 per cent to 6.75 per cent and the reverse repo rate by 25 basis points from 5.50 per cent to 5.75 per cent with immediate effect.

 

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

 

3. Please acknowledge receipt.

Yours sincerely

(Nishita Raje)

Director

 

 

Guest
on 18 March 2011
Notification No : FMD.MOAG. No.57/01.01.01/2010-11
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