Delhi HC: Workman Cannot Claim Section 17(B) of the ID Act Wages after Reaching Superannuation Age || Allahabad HC: Caste by Birth Remains Unchanged Despite Conversion or Inter-Caste Marriage || Delhi High Court: Tweeting Corruption Allegations Against Employer Can Constitute Misconduct || Delhi High Court: State Gratuity Authorities Lack Jurisdiction over Multi-State Establishments || Kerala High Court: Arrest Grounds Need Not Mention Contraband Quantity When No Seizure is Made || SC: Silence During Investigation Does Not Ipso Facto Mean Non-Cooperation to Deny Bail || Supreme Court: High Courts Cannot Re-Examine Answer Keys Even in Judicial Service Exams || SC: Central Government Employees under CCS Rules are Not Covered by the Payment of Gratuity Act || Supreme Court Holds CrPC Principles on Discharge and Framing of Charges Continue under BNSS || Supreme Court: High Courts Must Independently Assess SC/ST Act Charges in Section 14A Appeals

Liquidity Adjustment Facility - Repo and Reverse Repo Rates- (Reserve Bank of India) (06 Apr 2017)

MANU/RMIC/0035/2017

Banking

As announced in the First Bi-monthly Monetary Policy Statement, 2017-18 Resolution of the Monetary Policy Committee (MPC), it has been decided to keep the Repo rate under the Liquidity Adjustment Facility (LAF) unchanged at 6.25 per cent. However, consequent upon the narrowing of the LAF corridor, the Reverse Repo rate under the LAF now stands adjusted at 6.0 per cent. This change will come into force with immediate effect. All other terms and conditions of the current LAF Scheme will remain unchanged.

Tags : REPO-RATE DECISION UNCHANGED

Share :