Changes in Liquidty Adjustment Facillity – Repo and Reverse Repo rates

RBI vide notification no. RBI/2019-20/75 dated October 04, 2019 it was announced as per the fourth Bi-monthly Monetary policy statement 2019-20 of October 04,2019. It has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.40% to 5.15%. Consequently the Reverse Repo rate under the LAF stands adjusted to 4.90%.

Add Comment

Required fields are marked *. Your email address will not be published.