18 September 2010

Repo- Reverse Repo Rates - Duty Draw Back Rates

FMD.MOAG. No. 50/01.01.01/2010-11

Dated: September 16, 2010

Liquidity Adjustment Facility – Repo and Reverse Repo Rates

As announced today in the Mid-Quarter Policy Review, it has been decided to increase the repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 5.75 per cent to 6.00 per cent and the reverse repo rate by 50 basis points from 4.50 per cent to 5.00 per cent with immediate effect.

2. All other terms and conditions of the current LAF Scheme will remain unchanged.

3. Please acknowledge receipt.

RBI/2010-2011/204

(P. Krishnamurthy)
Chief General Manager

REF.No.MPD.BC. 336 /07.01.279/2010-11

 
DUTY DRAW BACK RATES- SEE ATTACHMENT
 
Best Wishes

CA. V.M.V.SUBBA RAO
Chartered Accountant
Door No.24-2-1885,
I Floor, Flat No.5,
Siddivinayaka Residency, I Cross,
Central Avenue, MSR Nagar,
Magunta Layout,
Nellore-524 003
Andhra Pradesh
India
Mobile:+91 - 0 9390221100
           +91 - 0 9440278412
e-Mail: vmvsr@rediffmail.com
           vmvsr@yahoo.co.uk
http://pdicai.org/MyPage/203038.aspx

No comments:

Post a Comment

What do you think about this? Please write your comment.

Empanel as Concurrent Auditors

BANK OF MAHARASHTRA invites online applications from practicing firms of Chartered Accountants, in the prescribed format, who are willing to...