Tuesday 19 March 2013


LIQUIDITY ADJUSTMENT FACILITY – REPO AND REVERSE REPO
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

No comments:

Post a Comment