Circular No.ES/132/ 2016-17 October 06, 2016
To: Members of the Council
Sub: Standing Liquidity Facilities for Banks and Primary Dealers (PDs)
Dear Member,
This is to inform you that the Reserve Bank of India (RBI) has issued Notification No. RBI/2016-17/75 dated 04.10.2016 regarding the standing liquidity facility for PDs.
The Standing Liquidity Facility provided to PDs from the RBI would be available at the revised repo rate i.e. at 6.25% w.e.f. 04th October, 2016.
Members may kindly make note of the above.
Thanking you,
V. ANIL KUMAR
EXECUTIVE DIRECTOR
