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Instead , launched a special term repo facility of 0.25 per cent of NDTL to compensate totally for the discount in entry to liquidity beneath the ECR with speedy effect. As per Dr. Urjit Patel’s recommendations, it's decided to scale back the liquidity provided beneath the export credit score refinance (ECR) facility from 50 per cent of eligible export credit score excellent to 32 per cent with speedy impact. Current Limits of borrowing beneath Repo (0.25% ), Term Repo 7 and 14 days (0.75%), Special term repo for ECR(0.25%), MSF(1.0%) of bank’s NDTL Deposits. Continue to provide liquidity underneath 7-day and 14-day time period repos of as much as 0.Seventy five per cent of NDTL of the banking system. The service administration system also could selectively provide secure communications and alternate of knowledge amongst gateway devices and amongst associated endpoint devices. 125,000 without finish use restrictions apart from prohibited foreign change transactions akin to margin buying and selling, lottery and the like.
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