Home India Reserve Bank of India Standing Liquidity Facility for Primary Dealers...
Date: 2022-12-07 Category: Not Applicable State: Union Government Country: India

Standing Liquidity Facility for Primary Dealers

Issued by Reserve Bank of India · Not Applicable

Research with AI Agent Chat with Document Generate Summary Translate Helpful Share Add to Project Create Task

Executive Summary & Key Takeaways

**Summary:** The Reserve Bank of India (RBI) has announced an increase in the policy repo rate under the Liquidity Adjustment Facility (LAF) by 35 basis points, raising it from 5.90 percent to 6.25 percent, effective immediately (December 7, 2022). This decision was made by the Monetary Policy Committee (MPC) as stated in the Monetary Policy Statement 2022-23. Consequently, the Standing Liquidity Facility provided to Primary Dealers (PDs) will be available at the revised repo rate of 6.25 percent with immediate effect. Further information can be obtained from the Monetary Policy Department, Central Office, Central Office Building, Shahid Bhagat Singh Road, P.B. NO. 406, Mumbai 400 001. Contact details include Tel: 912222601000, FAX 9122 22610430/22700850/22610432/22631006, and Email: helpmpdrbi.org.in. The reference number for this announcement is REF.No.MPD.BC.39607.01.279/2022-23.

Key Entities Referenced

Reserve Bank of India: The central bank of India, the issuer of this notification. Primary Dealers: Financial institutions that are authorized to deal in government securities. Monetary Policy Statement 2022-23: A statement released by the Reserve Bank of India outlining its monetary policy decisions. Monetary Policy Committee: The committee responsible for setting the policy repo rate in India. Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the banking system. policy repo rate: The rate at which the Reserve Bank of India lends money to commercial banks. Standing Liquidity Facility: A facility provided by the Reserve Bank of India to Primary Dealers for collateralized liquidity support. Mumbai, Maharashtra: City in India where the central office of Reserve Bank of India is located.
Official Source Record View Original Source →
See Full Document Text
भारतीय �रज़व� ब�क RESERVE BANK OF INDIA www.rbi.org.in RBI/2022-23/149 REF.No.MPD.BC.396/07.01.279/2022-23 December 07, 2022 All Primary Dealers, Standing Liquidity Facility for Primary Dealers 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 35 basis points from 5.90 per cent to 6.25 per cent with immediate effect. 2. Accordingly, the Standing Liquidity Facility provided to Primary Dealers (PDs) (collateralised liquidity support) from the Reserve Bank would be available at the revised repo rate of 6.25 per cent with immediate effect. Yours faithfully, (Muneesh Kapur) Adviser-in-Charge मौिद्रक नीित िवभाग, क�द्रीय काया�लय भवन, शहीद भगत िसंह माग�, पो� बॉ� सं.406, मुंबई- 400 001 भारत फोन : (91-22)22601000 फै� : (91-22) 22610430/22700850/22610432/22631006 ई-मेल : helpmpd@rbi.org.in _____________________________________________________________________________________________________ Monetary Policy Department, Central Office, Central Office Building, Shahid Bhagat Singh Road, P.B. NO. 406, Mumbai- 400001, (Tel): (91-22)22601000 FAX (91-22) 22610430/22700850/22610432/22631006 E-mail: helpmpd@rbi.org.in िहंदी आसान है, इसका प्रयोग बढ़ाइए

Continue your research