LIQUIDITY
ADJUSTMENT FACILITY – REPO AND REVERSE REPO
AND MARGINAL STANDING FACILITY RATES
AND MARGINAL STANDING FACILITY RATES
Notification No.:
RBI/2012-2013/447
Date: 19/03/2013
As announced today in the Mid-Quarter Review of
the Monetary Policy 2012-13, it has been decided to reduce the Repo rate
under the Liquidity Adjustment Facility (LAF) by 25 basis points from 7.75 per cent to 7.50 per cent with
immediate effect.
Consequent to the change in the Repo rate,
the Reverse Repo rate under the LAF and
the Marginal Standing Facility (MSF) rate will stand automatically adjusted
to 6.50 per cent and 8.50 per cent respectively with
immediate effect.
All other terms and conditions of the current
LAF and MSF schemes will remain unchanged.
Regards
CA. Mona Singhal
Partner
Arpit Gupta & Associates
Chartered Accountants
701, Nirmal Tower,
26, Barakhamba Road,
Connaught Place, Delhi-110001
Mobile:- +91-9873082769
Website: www.caaga.co.in
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