RBI/2018-2019/161
FMOD.MAOG. No.131/01.18.001/2018-19
April 4, 2019
All Marginal Standing Facility (MSF) participants
Madam/Sir,
Marginal Standing Facility
As announced in the First Bi-monthly Monetary Policy Statement,
2019-20, 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 6.25 per cent to 6.00 per cent with
immediate effect.
2. Consequently, the Marginal Standing Facility (MSF) rate stands
adjusted to 6.25
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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