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

(240 kb)
Date : Jun 08, 2022
Standing Liquidity Facility for Primary Dealers

RBI/2022-23/64
MPD.BC.393/07.01.279/2022-23

June 8, 2022

All Primary Dealers,

Standing Liquidity Facility for Primary Dealers

In the Monetary Policy Statement 2022-23, dated June 8, 2022, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 50 basis points from 4.40 per cent to 4.90 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 4.90 per cent with effect from June 8, 2022.

Yours faithfully,

(Muneesh Kapur)
Adviser-in-Charge

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