**Summary:**
This Reserve Bank of India (RBI) notification, reference number MPD.BC.387/07.01.279/2018-19 dated June 06, 2019, informs all Primary Dealers (PDs) of a change to the Standing Liquidity Facility. As part of the Second Bimonthly Monetary Policy Statement 2019-20, the Monetary Policy Committee (MPC) has reduced the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points. Consequently, the revised repo rate is 5.75 percent, down from 6.00 percent, effective immediately on June 06, 2019. The Standing Liquidity Facility provided to PDs, offering collateralized liquidity support from the Reserve Bank, will now be available at this revised repo rate of 5.75 percent, also effective June 06, 2019.
For inquiries, contact the Monetary Policy Department, Central Office, Central Office Building, Shahid Bhagat Singh Road, P.B. NO. 406, Mumbai – 400001. Telephone: 91 22 22601000. Fax: 91 22 22610430 / 22700850 / 22610432 / 22631006. Email: helpmpd@rbi.org.in. The notification was issued by Janak Raj, Principal Adviser.
Key Entities Referenced
Reserve Bank of India: The central bank of India.
Primary Dealers: Financial institutions authorized to deal in government securities.
Standing Liquidity Facility: A facility provided by the Reserve Bank of India to Primary Dealers for collateralized liquidity support.
Monetary Policy Committee: Committee responsible for setting the monetary policy in India.
Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the banking system.
Janak Raj: Principal Adviser at the Monetary Policy Department, Reserve Bank of India.
Mumbai, Maharashtra: City in India where the Central Office of the Monetary Policy Department is located.
Monetary Policy Department: Department within the Reserve Bank of India responsible for monetary policy.
भारतीय �रज़व र् बक�
________________________ RESERVE BANK OF INDIA ________________________
www.rbi.org.in
RBI/2018-19/200
REF.No.MPD.BC.387/07.01.279/2018-19 June 06, 2019
All Primary Dealers,
Standing Liquidity Facility for
Primary Dealers
In the Second Bi-monthly Monetary Policy Statement 2019-20 of the Monetary
Policy Committee (MPC) of June 06, 2019, the policy repo rate under the Liquidity
Adjustment Facility (LAF) has been reduced by 25 basis points to 5.75 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 5.75 per cent with effect from June 06, 2019.
Yours faithfully,
(Janak Raj)
Principal Adviser
मौ�द्रक नी�त �वभाग, क�द्र�य कायार्लय भवन, शह�द भगत �सहं माग,र् पोस्ट बॉक्स सं.406, मुंबई- 400 001 भारत
फोन : (91-22)22601000 फैक्स : (91-22) 22610430/22700850/22610432/22631006 ई-मेल : helpmpd@rbi.org.in
_____________________________________________________________________________________________________
Monetary Policy Department, Central Office, Central Office Building, Shahid Bhagat Singh Road, P.B. NO. 406, Mumbai- 400001,
(Tel): (91-22)22601000 FAX (91-22) 22610430/22700850/22610432/22631006 E-mail: helpmpd@rbi.org.in
�हदं � आसान है, इसका प्रयोग बढ़ाइए