The Reserve Bank of India (RBI) on September 30, 2022, issued a notification regarding the Standing Liquidity Facility for Primary Dealers, as announced in the Monetary Policy Statement 2022-23, it has been decided that the Monetary Policy Committee (MPC) to increase the policy repo rate under the Liquidity Adjustment Facility (LAF) by 50 basis points from 5.40% to 5.90% with immediate effect.
Consequently, the Standing Liquidity Facility provided to Primary Dealers (PDs) from the Reserve Bank would be available at the revised repo rate of 5.90% with immediate effect.
[Notification No. RBI/2022-23/121 REF.No.MPD.BC.395/07.01.279/2022-23]
