RBI announced on December 5, 2025, a reduction in the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points, from 5.50% to 5.25%, effective immediately. The Standing Liquidity Facility provided to Primary Dealers (PDs) will be available at the revised repo rate of 5.25% with immediate effect. Contact the Monetary Policy Department at helpmpd@rbi.org.in or by phone at (91-22)22601000, or fax at (91-22) 22610430/22700850/22610432/22631006. The reference number for this announcement is RBI/2025-26/133, REF. No.MPD.BC. 401/07.01.279/2025-26. The announcement is addressed to All Primary Dealers. Dr. Anupam Prakash, Adviser-in-Charge, issued the statement. The official website is www.rbi.org.in.
Key Entities Referenced
Reserve Bank of India: Central bank of India; the issuing authority of the circular.
Monetary Policy Committee: Body deciding monetary policy, referred to in the context of the decision to reduce the repo rate.
Liquidity Adjustment Facility: The scheme under which the repo rate is reduced.
Monetary Policy Statement, 2025-26: The policy document being referenced for the repo rate change.
Primary Dealers: Entities for whom standing liquidity facility has been changed.
भारतीय र रज़र्व बैंक
RESERVE BANK OF INDIA
www.rb i.org.in
RBI / 2025-26 /133
REF. No.MPD.BC. 401/07.01.279/2025-26 December 5, 2025
All Primary Dealers,
Standing Liquidity Facility for Primary Dealers
As announced in the bi-monthly Monetary Policy Statement, 2025-26 today, it has been
decided by the Monetary Policy Committee (MPC) to reduce the policy repo rate under the
Liquidity Adjustment Facility (LAF) by 25 basis points from 5.50 per cent to 5.25 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 5.25 per cent with immediate effect.
Yours faithfully,
(Dr. Anupam Prakash)
Adviser-in-Charge
मौद्रिक नीद्रि द्रिभाग, केंिीय कायाालय भिन, शहीद भगि द्र िंह मागा, पोस्ट बॉक्स िं.406, म िंबई- 400 001 भारि
फोन : (91-22)22601000 फैक्स : (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
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