12 August 2024


Notifications & Circulars

Reserve Bank of India

06.04.2017

Banking

Liquidity Adjustment Facility - Repo and Reverse Repo Rates

MANU/RMIC/0035/2017

As announced in theĀ First Bi-monthly Monetary Policy Statement, 2017-18 Resolution of the Monetary Policy Committee (MPC), it has been decided to keep the Repo rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.25 per cent. However, consequent upon the narrowing of the LAF corridor, the Reverse Repo rate under the LAF now stands adjusted at 6.0 per cent. This change will come into force with immediate effect. All other terms and conditions of the current LAF Scheme will remain unchanged.

Tags : Repo-rate Decision Unchanged

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