It
has been that effective from 4th March, 1999 the
maximum rate of remuneration to be paid by recipients of financing
facilities from the State Bank for meeting temporary liquidity
shortages (Repo Rate) shall stand reduced from 16.50 percent
to 15.50 percent on an annual basis.
2. This
Supersedes BPRD Circular No. 17 dated 21st June,
1998.
Please acknowledge receipt.
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