Supreme Court Issues Directions to Speed Up MACT Claims Amid Six-Year Average Pendency || Supreme Court: Sex Selection Practices Continues Due to Preference For Male Children || Supreme Court: Injury From a Fallen Tree is Not a Motor Accident for MACT Claims || Madras HC: Recent Tamil Nadu Elections Reflect Voting Beyond Caste and Community Considerations || Supreme Court: Children Should Not Undergo Psychological Tests in Custody Cases Unless Necessary || Jharkhand HC: Lokayukta Cannot Delegate Core Adjudicatory Powers Even in Case Against Brother || Ker HC: Complainant Can Invoke Presumptions After Proving Transaction, Cheque Execution Convincingly || Supreme Court Cancels SARFAESI Auction Sale After 16 Years Due to a 5-Day Payment Delay || Jhar HC Orders 2-Month Probe Deadline, DGP Monitoring to Overhaul Sexual Violence Response in State || Delhi HC: Social Media Cannot Undermine Judiciary; Intermediaries Must Act Without Court Orders

Standing Liquidity Facility for Primary Dealers- (Reserve Bank of India) (07 Aug 2019)

MANU/RMIC/0106/2019

Banking

In the Third Bi-monthly Monetary Policy Statement 2019-20 of the Monetary Policy Committee (MPC) of August 07, 2019, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been reduced by 35 basis points to 5.40 per cent from 5.75 per cent with immediate effect.

2. Accordingly, the Standing Liquidity Facility provided to Primary Dealers (PDs) (collateralised liquidity support) from the Reserve Bank would be available at the revised repo rate of 5.40 per cent with effect from August 07, 2019.

Tags : LIQUIDITY FACILITY PRIMARY DEALERS

Share :