**Summary:**
This Reserve Bank of India (RBI) notification (RBI202223175 FMOD.MAOG.No.14901.01.001202223) dated February 08, 2023, announces an increase in the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points, from 6.25 percent to 6.50 percent, effective immediately. Consequently, the standing deposit facility (SDF) rate is adjusted to 6.25 percent, and the marginal standing facility (MSF) rate is adjusted to 6.75 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, First Floor, Main Building, Shahid Bhagat Singh Marg, Fort, Mumbai – 400 001. Tel: 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 and regulation of the banking system.
Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the banking system.
Monetary Policy Statement: A statement released by the Reserve Bank of India outlining the current monetary policy and outlook.
Monetary Policy Committee: A committee within the Reserve Bank of India responsible for setting monetary policy.
policy repo rate: The rate at which the Reserve Bank of India lends money to commercial banks.
standing deposit facility: A facility that allows banks to deposit surplus liquidity with the Reserve Bank of India.
marginal standing facility: A facility that allows banks to borrow money from the Reserve Bank of India at a penal rate when they face a sudden liquidity crunch.
Mumbai, Maharashtra: The city in Maharashtra where the Central Office of Financial Markets Operations Department of RBI is located.
भारतीय �रज़व र् बक�
RESERVE BANK OF INDIA
RBI/2022-23/175
FMOD.MAOG.No.149/01.01.001/2022-23
February 08, 2023
All Liquidity Adjustment Facility (LAF) participants
Madam/Sir,
Liquidity Adjustment Facility - Change in rates
As announced in the Monetary Policy Statement dated February 08, 2023, 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 6.25 per cent to 6.50 per cent with
immediate effect.
2. Consequently, the standing deposit facility (SDF) rate and marginal standing facility (MSF)
rate stand adjusted to 6.25 per cent and 6.75 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