Tel. HC Stay GO Which Regularized Notarized Documents of Non-Agricultural Urban Land Sales || Cal. HC: There Must be a Balance Between Religious Freedom U/A 30 and Overwhelming Public Interest || Del. HC: There Must be Uniformity in Eligibility Conditions for Recruitments of Teachers || SC Refers the NN Global Judgment to 7 Judge Bench to adjudicate on Correctness of the Judgment || MP HC to DGP: Think of Creating WhatsApp Groups for Purpose of Summoning Witnesses || MP HC: In Absence of Allegations of Annoyance and Obscene Words, Section 294 IPC Won’t be Attracted || Ker. HC: Right to Bail is Not to be Denied Merely Because of the Sentiments of the Community || SC: Can’t Prove Discovery Against Person Who Wasn’t in Custody at Time of Confession || P&H HC: Offence u/s 295A won’t be Attracted if Act done Without Malicious Intent || Ker. HC: No Liability on RTO to Pay Compensation if Vehicle Owner Fails to get it Insured

Liquidity Adjustment Facility - Repo and Reverse Repo Rates- (Reserve Bank of India) (04 Oct 2016)

MANU/RMIC/0175/2016

Banking

As announced in the Fourth Bi-monthly Monetary Policy Statement today, it has been decided by the Monetary Policy Committee (MPC) to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.50 per cent to 6.25 per cent with immediate effect. Consequent to the change in the Repo rate, the Reverse Repo rate under the LAF will stand adjusted to 5.75 per cent with immediate effect. All other terms and conditions of the current LAF Scheme will remain unchanged.

Tags : REPO RATE REDUCTION LIQUIDITY ADJUSTMENT FACILITY

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