First Bi-monthly Monetary Policy Statement, 2015-16

Monetary and Liquidity Measures

On the basis of an assessment of the current and evolving macroeconomic situation,
it has been decided to:
• keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.5 per cent;
• keep the cash reserve ratio (CRR) of scheduled banks unchanged at 4.0 per cent of net demand and time liability (NDTL); and
• continue to provide liquidity under overnight repos at 0.25 per cent of bank-wise
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