Kerala HC: Persons With Down Syndrome Get Protection and Guardianship under National Trust Act, 1999 || J&K&L HC: Contractual Staff Cannot Claim Payment Beyond Contract Period Without Proving Work || J&K&L HC: Revisional Powers U/S 15 Must be Exercised in Reasonable Time, Not After 20-Year Delay || MP High Court: Revoking Building Permission Without Fraud Proof Violates Right to Property || Madras HC: Centre’s Consent For Remission is Needed only When Sentence under Central Act is Ongoing || Delhi HC: Private School Employees Entitled to Child Care Leave Equivalent to Government Employees || Supreme Court Has Released Draft Regulations on AI Use in the Judiciary and Invited Public Feedback || Supreme Court: MMDR Act Royalty Hikes Prevail over Contractual Terms || Delhi HC: Daughter-In-Law Has No Independent Right in Mother-In-Law’s Self-Acquired House || SC: Prolonged Separation Can Constitute Cruelty and Desertion

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 :