Marginal Standing Facility
RBI/2017-2018/184 June
6, 2018 All Scheduled Commercial Banks
(excluding RRBs) Madam/Sir, Marginal
Standing Facility As announced in the Second Bi-monthly Monetary Policy Statement, 2018-19,
today, it has been decided by the Monetary Policy Committee (MPC) to increase
the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25
basis points from 6.0 per cent to 6.25
per cent with immediate effect. 2. Consequent to the change in the
Repo rate, the Marginal Standing Facility (MSF) rate stands adjusted to 6.50 per cent with
immediate effect. 3. All other terms and conditions
of the extant MSF scheme will remain unchanged. Yours
sincerely (Radha
Shyam Ratho) |
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