The Reserve Bank of India (RBI) on January 30, 2024, issued a Press release regarding the Standing Liquidity Facility for Standalone Primary Dealers.
The following has been stated namely:-
• It has been decided that an additional aggregate amount of ₹5,000 crore will be made available to the Standalone Primary Dealers (SPDs) under the Standing Liquidity Facility at the prevailing repo rate starting from January 31, 2024.
• It states that the incremental limit for individual SPDs is being conveyed to them separately.
• It further states that all other terms and conditions of the facility shall remain unchanged.
[Press Release 2023-2024/1769]
