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

(369 kb)
Date : Jun 08, 2022
Liquidity Adjustment Facility - Change in rates

RBI/2022-23/63
FMOD.MAOG.No.145/01.01.001/2022-23

June 08, 2022

All Liquidity Adjustment Facility (LAF) participants

Madam/Sir,

Liquidity Adjustment Facility - Change in rates

As announced in the Monetary Policy Statement, 2022-23, today, it has been decided by the Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 4.40 per cent to 4.90 per cent with immediate effect.

2. Consequently, the standing deposit facility (SDF) rate and marginal standing facility (MSF) rate stand adjusted to 4.65 per cent and 5.15 per cent respectively, with immediate effect.

3. All other terms and conditions of the extant LAF Scheme will remain unchanged.

Yours sincerely,

(G. Seshsayee)
Chief General Manager

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