**Summary:**
This Reserve Bank of India (RBI) notification, reference number RBI20222363 FMOD.MAOG.No.14501.01.001202223 dated June 08, 2022, announces an increase in the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points, from 4.40 percent to 4.90 percent, effective immediately. Consequently, the standing deposit facility (SDF) rate is adjusted to 4.65 percent, and the marginal standing facility (MSF) rate is adjusted to 5.15 percent, also with immediate effect. All other terms and conditions of the existing LAF Scheme remain unchanged. The announcement follows the Monetary Policy Statement, 2022-23, and the decision was made by the Monetary Policy Committee (MPC). For further information, contact G. Seshsayee, Chief General Manager, Financial Markets Operations Department, Central Office, First Floor, Main Building, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001. Phone: 022-22610642, Fax: 022-22630981, Email: cgmfmod@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India.
Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the banking system.
Monetary Policy Statement, 202223: A statement outlining the monetary policy decisions of the Reserve Bank of India.
Monetary Policy Committee: A committee within the Reserve Bank of India responsible for setting monetary policy.
Repo rate: The rate at which the Reserve Bank of India lends money to commercial banks.
Standing Deposit Facility: A facility allowing banks to deposit surplus liquidity with the Reserve Bank of India.
Marginal Standing Facility: A facility that allows scheduled commercial banks to borrow additional amount of overnight money from the Reserve Bank of India.
Mumbai, Maharashtra: City in India where the Central Office of Financial Markets Operations Department of Reserve Bank of India is located.
भारतीय �रज़व� ब�क
RESERVE BANK OF INDIA
RBI/2022-23/63
FMOD.MAOG.No.145/01.01.001/2022-23
June 08, 2022
All Liquidity Adjustment Facility (LAF) participants
Madam/Sir,
Liquidity Adjustment Facility - Change in rates
As announced in the Monetary Policy Statement, 2022-23, today, it has been decided by the
Monetary Policy Committee (MPC) to increase the policy Repo rate under the Liquidity
Adjustment Facility (LAF) by 50 basis points from 4.40 per cent to 4.90 per cent with
immediate effect.
2. Consequently, the standing deposit facility (SDF) rate and marginal standing facility (MSF)
rate stand adjusted to 4.65 per cent and 5.15 per cent respectively, with immediate effect.
3. All other terms and conditions of the extant LAF Scheme will remain unchanged.
Yours sincerely,
(G. Seshsayee)
Chief General Manager
िव�ीय बाजार प�रचालन िवभाग ,क��ीय कायार्लय ,पहली मंिजल, मुख्य भवन, शहीद भगत �संह मागर्,फोटर्, मुंबई - 400 001
फोन : 022-22610642, फैक्स: 022-22630981 ,ईमेल: cgmfmod@rbi.org.in
Financial Markets Operations Department, Central Office, First Floor, Main Building, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001
Tel: (022)- 22610642, Fax: 022-22630981, E-mail: cgmfmod@rbi.org.in
�हदं ी आसान ह ै,इसका �योग बढ़ाइए