RBI/2011-12/232
MPD.BC. 350/07.01.279/2011-12 October 25, 2011 To Dear Sir/Madam, Standing Liquidity Facilities for Please refer to the Second Quarter Review of Monetary Policy 2011-12 on October 25, 2011, in terms of which the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points from 8.25 per cent to 8.50 per cent with immediate effect. 2. Accordingly, the Standing Liquidity Facilities provided to banks (export credit refinance) and Primary Dealers (PDs) (collateralised liquidity support) from the Reserve Bank would be available at the revised repo rate, i.e., at 8.50 per cent with effect from October 25, 2011. Yours faithfully, (Janak Raj)
All Scheduled Banks [excluding Regional Rural Banks(RRBs) ]
and Primary Dealers
Banks and Primary Dealers
Adviser-in-Charge
CAclubindia
Guest
Notification No : MPD.BC. 350/07.01.279/2011-12Published in Community & General