Calcutta HC Denies Abhishek Banerjee Immediate Relief in DJ Remark Voice Sample Case || Bombay High Court Grants Bombay Group Relief in Vadilal Dispute Against Ahmedabad Group || Kerala HC Orders Time-Bound Disposal of Prisoners' Remission Pleas, Mandates NALSA SOP Compliance || Delhi HC Rejects Plea of Two Army Doctors Seeking NEET PG 2026 Exam Amid Eligibility Rule Challenge || Jharkhand HC: Mother Cannot Consent to a Major Son's DNA Test During a Pending Matrimonial Case || Bombay HC Rules on Whether Arrest is Illegal if Co-Accused Charge Sheet is Not Supplied Earlier || Gujarat HC: State Cannot Indefinitely Reserve Private Land Without Acquisition or Plan Revision || Chhattisgarh HC: Complaints Without Disciplinary Action Cannot Affect a Judge's Seniority || Delhi HC Upholds Selection of India's Dressage Team For the 2026 Asian Games || MP High Court Orders State to Airlift Gas Pipeline Blast Victim to Ahmedabad For Treatment

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

Share :