Allahabad HC Reduces Cop's Sentence in 1984 Attempt-to-Murder Case, Awards Rs. 35,000 to Victim || Delhi High Court: Copyright Owners and ISPs Cannot Unilaterally Declare a Website 'Rogue' || Rajasthan HC: Teacher's Reprimand for Poor Attendance and Performance is Not Abetment of Suicide || Karnataka High Court: Police Assistance to Enforce Injunction Not Barred by Res Judicata || SC Upholds Validity of Section 16(2)(c) of CGST Act, Says ITC Depends on Supplier's Tax Payment || Supreme Court: Registration Certificate Alone Can't Secure Interim Release of Seized Vehicles || Supreme Court: IBC Moratorium Doesn't Shield Promoters, Directors From Consumer Complaints || Supreme Court: Accused Person's Advocate Cannot Remain Present During Entire Police Interrogation || Uttarakhand HC: Severity of POCSO Charges Alone Cannot Deny Juvenile Bail || Madras HC Grants Anticipatory Bail to Man Accused of Watching CM Vijay's Unreleased Film Online

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 :