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About 2 results for "laf"

RBI keeps repo rate unchaged at 6%

RBI keeps repo rate unchaged at 6%

Just in: The Reserve Bank of India keeps policy repo rate under liquidity adjustment facility (LAF) unchanged at 6.0 per cent. Consequently, reverse repo rate under the LAF remains at 5.75 per cent and marginal standing facility rate and the bank rate at 6.25 per cent. Repo rate is the rate at which the RBI lends money to commercial banks in the event of any shortfall of funds. Repo rate is used by monetary authorities to control inflation.The consensus in the market that the six-member ..., 1 week ago
RBI keeps repo rate unchanged at 6%, 1 week ago
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