Standing Liquidity Facility for Primary Dealers - RBI
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RBI/2017-18/187
REF. No. MPD.BC. 383/07.01.279/2017-18
Jyeshtha 16, 1940 (Saka)
June 6, 2018
All Primary Dealers,
Standing Liquidity Facility for Primary Dealers
In the Second Bi-monthly Monetary Policy Statement, 2018-19 Resolution of the Monetary Policy Committee (MPC), the repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 25 basis points to 6.25 per cent from 6.00 per cent with immediate effect.
2. Accordingly, the Standing Liquidity Facility provided to Primary Dealers (PDs) (collateralised liquidity support) from the Reserve Bank would be available at the revised repo rate of 6.25 per cent with effect from June 6, 2018.
Yours faithfully,
(Janak Raj)
Principal Adviser
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