2. Reserve Bank has since decided to extend the facility of temporary liquidity support for financing agricultural operations, as mentioned therein, for a period up to December 5, 2008. The rate of interest on the temporary liquidity support, as mentioned therein, has also been revised. Accordingly, the rate of interest on the above facility would be the prevailing fixed repo rate under LAF.
3. All other conditions of the above circular remain unchanged.
CA. Shikha
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