MONETARY POLICY

“…the primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.”


Preamble to the Reserve Bank of India Act 1934

Notifications

(98 kb)
Date : Jun 06, 2019
Liquidity Adjustment Facility – Repo and Reverse Repo Rates

RBI/2018-2019/197
FMOD.MAOG.No.132/01.01.001/2018-19

June 6, 2019

All Liquidity Adjustment Facility (LAF) participants

Madam/Sir,

Liquidity Adjustment Facility – Repo and Reverse Repo Rates

As announced in the Second Bi-monthly Monetary Policy Statement, 2019-20, today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.00 per cent to 5.75 per cent with immediate effect.

2. Consequently, the Reverse Repo rate under the LAF stands adjusted to 5.50 per cent with immediate effect.

3. All other terms and conditions of the extant LAF Scheme will remain unchanged.

Yours sincerely

(Radha Shyam Ratho)
Chief General Manager

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