Home India Reserve Bank of India Standing Liquidity Facility for Primary Dealers...
Date: 2022-08-05 Category: Not Applicable State: Union Government Country: India

Standing Liquidity Facility for Primary Dealers

Issued by Reserve Bank of India · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** This Reserve Bank of India (RBI) notification, reference number MPD.BC.39407.01.279/2022-23 dated August 05, 2022, announces an increase in the policy repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points. The Monetary Policy Committee (MPC) has decided to raise the rate from 4.90 percent to 5.40 percent, effective immediately. Consequently, the Standing Liquidity Facility provided to Primary Dealers (PDs), offering collateralized liquidity support from the RBI, will now be available at the revised repo rate of 5.40 percent, also effective immediately. For inquiries, the Monetary Policy Department can be contacted at the Central Office, Central Office Building, Shahid Bhagat Singh Road, P.B. NO. 406, Mumbai – 400 001. Contact details include telephone: 91-22-22601000, fax: 91-22-22610430/22700850/22610432/22631006, and email: helpmpd@rbi.org.in. The notification was issued by Muneesh Kapur, Adviser-in-Charge.

Key Entities Referenced

Reserve Bank of India: The central bank of India, responsible for monetary policy and regulation of the banking system. Primary Dealers: Financial institutions authorized to deal in government securities. Monetary Policy Statement 2022-23: A statement outlining the monetary policy decisions of the Reserve Bank of India. Monetary Policy Committee: A committee within the Reserve Bank of India responsible for setting monetary policy. Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the banking system. Standing Liquidity Facility: A facility provided by the Reserve Bank of India to Primary Dealers for collateralized liquidity support. Muneesh Kapur: Adviser-in-Charge at the Reserve Bank of India. Mumbai, Maharashtra: City in India where the central office of Reserve Bank of India is located.
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भारतीय �रज़व� ब�क RESERVE BANK OF INDIA www.rbi.org.in RBI/2022-23/102 REF.No.MPD.BC.394/07.01.279/2022-23 August 05, 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 50 basis points from 4.90 per cent to 5.40 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 5.40 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

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