RBI/2010-11/250
FMD.MOAG. No.51/01.01.01/2010-11
October 29, 2010
All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers
Dear Sir,
Liquidity Adjustment Facility – Liquidity Easing
Measures
The Liquidity Adjustment Facility (LAF) window of the Reserve Bank has been
in the injection mode in the recent period. In order to provide liquidity
comfort, the Reserve Bank has today announced the following temporary measures:
- A special second LAF (SLAF) will be conducted on two days at 2.30 p.m.
on October 29, 2010 and at 4.15 p.m. on November 1, 2010.
- A special 2-day repo auction under the LAF will be conducted at 10.30
a.m. on Saturday, October 30, 2010.
- All other terms and conditions of the current LAF Scheme will
remain unchanged.
- Please acknowledge receipt.
Yours sincerely
(P. Krishnamurthy)
Chief General Manager