The RBI, through its Monetary Policy Statement, has reduced the policy repo rate by 25 basis points from 5.50% to 5.25% with immediate effect. Consequently, the standing deposit facility rate is revised to 5.00% and the marginal standing facility rate to 5.50%. All other terms of the existing Liquidity Adjustment Facility (LAF) framework remain unchanged. Link – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=13206&Mode=0
