SITEMAP FAQs GLOSSARY OTHER  LINKS CONTACT  US  
  ABOUT  US NOTIFICATIONS PUBLICATIONS DATABASE SPEECHES PRESS  RELEASES TENDERS FORMS EVENTS APPLICATION TRACKING SYSTEM  
Search
This Section
Entire Website
Period
From 
To      
Archives
   
Quick Links
 Index to RBI Circulars
 Draft Notifications/
   Guidelines
 Master Circulars
 FEMA
 Pension
 For RSS Alerts 
Home >> Notifications - View Notification
Note : To obtain an aligned printout please download the (30 kb) version to your machine and then use respective software to print the story.
Date: Jul 16, 2013
Marginal Standing Facility Rates

RBI/2013-2014/140
FMD.MOAG. No.79 /01.01.001/2013-14

July 16, 2013

All Scheduled Commercial Banks (excluding RRBs) and Primary Dealers

Dear Sir,

Marginal Standing Facility Rates

As you are aware, Reserve Bank of India announced various measures yesterday to address the exchange rate volatility. As a part of the measures, it has been decided to recalibrate the Marginal Standing Facility (MSF) rate at 300 basis points above the policy Repo rate under the Liquidity Adjustment Facility (LAF) with immediate effect. Consequently, the Marginal Standing Facility (MSF) rate will now be 10.25 per cent.

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

3. Please acknowledge receipt.

Yours sincerely

(G. Mahalingam)
Principal Chief General Manager

 Top
© Reserve Bank of India. All Rights Reserved.
Best viewed in 1024x768 resolution in IE 5 and above.