SITEMAP FAQs GLOSSARY OTHER  LINKS CONTACT  US  
  ABOUT  US NOTIFICATIONS PUBLICATIONS DATABASE SPEECHES PRESS  RELEASES TENDERS FORMS EVENTS APPLICATION TRACKING SYSTEM  
Search
This Section
Entire Website
Period
From 
To      
Archives
   
Quick Links
 Index to RBI Circulars
 Draft Notifications/
   Guidelines
 Master Circulars
 FEMA
 Pension
 For RSS Alerts 
Home >> Notifications - View Notification
Note : To obtain an aligned printout please download the (31 kb) version to your machine and then use respective software to print the story.
Date: Oct 29, 2013
Liquidity Adjustment Facility – Repo and Reverse Repo Rates

RBI/2013-14/339
FMD.MOAG. No. 90/01.01.001/2013-14

October 29, 2013

All Scheduled Commercial Banks (excluding RRBs) and Standalone Primary Dealers

Madam / Sir,

Liquidity Adjustment Facility – Repo and Reverse Repo Rates

As announced today in the Second Quarter Review of the Monetary Policy 2013-14, it has been decided to increase the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.50 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 will stand automatically adjusted to 6.75 per cent with immediate effect.

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

Yours sincerely

(G. Mahalingam)
Principal Chief General Manager

 Top
© Reserve Bank of India. All Rights Reserved.
Best viewed in 1024x768 resolution in IE 5 and above.