All Scheduled Commercial Banks
Madam / Sir,
As announced in the First
Bi-monthly Monetary Policy Statement, 2017-18 Resolution of the Monetary
Policy Committee (MPC), consequent upon the narrowing of the LAF corridor,
the Marginal Standing Facility (MSF) rate now stands adjusted at 6.50 per cent.
All other terms and conditions
of the current MSF scheme will remain unchanged.
Chief General Manager