Home India Reserve Bank of India Standing Liquidity Facility for Primary Dealers...
Date: 2022-06-08 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:** This Reserve Bank of India (RBI) circular, reference number RBI20222364 MPD.BC.39307.01.279202223, dated June 8, 2022, informs all Primary Dealers (PDs) of an adjustment to the Standing Liquidity Facility. In line with the Monetary Policy Statement 2022-23, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 50 basis points, from 4.40 percent to 4.90 percent, effective immediately (June 8, 2022). Consequently, the collateralized liquidity support provided to PDs by the Reserve Bank through the Standing Liquidity Facility will be available at the revised repo rate of 4.90 percent, also effective June 8, 2022. Inquiries can be directed to the Monetary Policy Department, Central Office, at helpmpdrbi.org.in or via telephone at 912222601000. The fax numbers are 9122 22610430/22700850/22610432/22631006. The central office address is Central Office Building, Shahid Bhagat Singh Road, P.B. NO. 406, Mumbai 400001.

Key Entities Referenced

Reserve Bank: The central bank providing liquidity support to Primary Dealers. Primary Dealers: Entities eligible for standing liquidity facility from the Reserve Bank. Standing Liquidity Facility: A facility provided to Primary Dealers for collateralized liquidity support from the Reserve Bank. Monetary Policy Statement 202223: A statement outlining the monetary policy for the specified period. Liquidity Adjustment Facility LAF: A tool used by the Reserve Bank to manage liquidity in the market. Muneesh Kapur: Adviser-in-Charge at the Monetary Policy Department. Monetary Policy Department: Department within the Central Office of the Reserve Bank. Mumbai, Maharashtra: Location of the Central Office Building of the Reserve Bank.
Official Source Record View Original Source →
See Full Document Text
RBI/2022-23/64 MPD.BC.393/07.01.279/2022-23 June 8, 2022 All Primary Dealers, Standing Liquidity Facility for Primary Dealers In the Monetary Policy Statement 2022-23, dated June 8, 2022, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 50 basis points from 4.40 per cent to 4.90 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 4.90 per cent with effect from June 8, 2022. 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