Supreme Court Unveiled Victim Protection Plan For Trafficking Survivors and Urged Legal Reforms || Supreme Court Cautioned Against the Misuse of False POCSO Cases in Matrimonial Disputes || Supreme Court Cautioned Against the Misuse of False POCSO Cases in Matrimonial Disputes || SC: Assigning Mathadhipati’s Secular Duties to Govt Officer Violates Art 26, Undermines Mahantship || Supreme Court: All MIDC Units are Exempt From Property Tax Until Services are Transferred to NMMC || Supreme Court: All MIDC Units are Exempt From Property Tax Until Services are Transferred to NMMC || SC: Arbitral Award Unenforceable if Invoked During Pending Civil Suit Without Court’s Permission || Delhi High Court: Participation in Protests Can't Be a Ground to Deny Bail in PMLA Case || Delhi High Court Lays Down Guidelines to Mask Personal Details in Orders under Right to be Forgotten || Raj HC: Poverty Cannot Defeat Right to Bail and Accused Cannot be Jailed For Lack of Sureties

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 :