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Date: 2022-09-30 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) circular, reference number MPD.BC.39507.01.279/2022-23, dated September 30, 2022, addresses all Primary Dealers (PDs) regarding the Standing Liquidity Facility. As announced in the Monetary Policy Statement 2022-23, the Monetary Policy Committee (MPC) has decided to increase the policy repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points, raising it from 5.40 percent to 5.90 percent, effective immediately. Consequently, the Standing Liquidity Facility provided to PDs, offering collateralized liquidity support from the RBI, will now be available at the revised repo rate of 5.90 percent, also effective immediately. For inquiries, the Monetary Policy Department, Central Office can be contacted at the Central Office Building, Shahid Bhagat Singh Road, P.B. NO. 406, Mumbai – 400 001, Tel: 91-22-22601000, FAX: 91-22-22610430/22700850/22610432/22631006, or via email at helpmpd@rbi.org.in. The circular was issued by Muneesh Kapur, Advisor-in-Charge.

Key Entities Referenced

Reserve Bank of India: The central bank of India. Monetary Policy Statement 2022-23: A statement related to monetary policy issued by the Reserve Bank of India. Monetary Policy Committee: The committee responsible for setting monetary policy in India. Liquidity Adjustment Facility: A tool used by the Reserve Bank of India to manage liquidity in the banking system. Primary Dealers: Financial institutions authorized to deal in government securities. 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 Reserve Bank of India. Mumbai, Maharashtra: City in India. Location of the Central Office of the Monetary Policy Department of the Reserve Bank of India.
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भारतीय � रज़व� ब�क RESERVE BANK OF INDIA www.rbi.org.in RBI/2022-23/121 REF.No.MPD.BC.395/07.01.279/2022-23 September 30, 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 5.40 per cent to 5.90 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 5.90 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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