RBI/2018-2019/115
FMOD.MAOG. No.129 /01.18.001/2018-19
February
7, 2019
All Marginal Standing Facility
(MSF) participants
Madam/Sir,
Marginal
Standing Facility
As announced in the Sixth Bi-monthly Monetary Policy Statement, 2018-19,
today, it has been decided by the Monetary Policy Committee (MPC) to reduce
the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 25
basis points from 6.50 per cent to 6.25
per cent with immediate effect.
2. Consequently, 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)
Chief General Manager
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