MONETARY POLICY

“…the primary objective of monetary policy is to maintain price stability while keeping in mind the objective of growth.”


Preamble to the Reserve Bank of India Act 1934

Notifications

(266 kb)
Date : May 04, 2022
Standing Liquidity Facility for Primary Dealers

RBI/2022-23/44
REF.No.MPD.BC.S33/07.01.279/2022-23

May 4, 2022

All Primary Dealers,

Standing Liquidity Facility for Primary Dealers

In the Monetary Policy Statement 2022-23, dated May 4, 2022, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 40 basis points to 4.40 per cent from 4.00 per cent with immediate effect.

2. Accordingly, the Standing Liquidity Facility provided to Primary Dealers (PDs) (collateralised liquidity support) from the Reserve Bank would be available at the revised repo rate of 4.40 per cent with effect from May 4, 2022.

Yours faithfully,

(Muneesh Kapur)
Adviser-in-Charge

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