**Policy Summary:**
This Reserve Bank of India (RBI) policy statement, reference RBI20222023120 FMOD.MAOG.No.14701.01.001202223, dated September 30, 2022, announces an increase in the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points. The rate is adjusted from 5.40 percent to 5.90 percent, effective immediately. Consequently, the standing deposit facility (SDF) rate is adjusted to 5.65 percent, and the marginal standing facility (MSF) rate is adjusted to 6.15 percent, also with immediate effect. All other terms and conditions of the existing LAF Scheme remain unchanged.
For further information, contact G. Seshsayee, Chief General Manager, Financial Markets Operations Department, Central Office, Reserve Bank of India, First Floor, Main Building, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001. Telephone: 022-22610642; Fax: 022-22630981; Email: cgmfmod@rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for monetary policy.
Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the banking system.
Monetary Policy Statement: A statement issued by the Reserve Bank of India outlining its monetary policy decisions.
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 rate: The rate at which commercial banks can deposit funds with the Reserve Bank of India.
Marginal Standing Facility rate: The rate at which banks can borrow overnight funds from the Reserve Bank of India against their government securities holdings.
Mumbai, Maharashtra: Location of Financial Markets Operations Department, Central Office of Reserve Bank of India
भारतीय �रज़व� ब�क
RESERVE BANK OF INDIA
RBI/2022-2023/120
FMOD.MAOG.No.147/01.01.001/2022-23
September 30, 2022
All Liquidity Adjustment Facility (LAF) participants
Madam/Sir,
Liquidity Adjustment Facility- Change in rates
As announced in the Monetary Policy Statement dated September 30, 2022, 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 5.40 per cent to 5.90 per cent with
immediate effect.
2. Consequently, the standing deposit facility (SDF) rate and marginal standing facility (MSF)
rate stand adjusted to 5.65 per cent and 6.15 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