It has been decided by the Monetary Policy Committee (MPC) to reduce the policy repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.25 per cent to 6.00 percent with immediate effect.
The standing deposit facility (SDF) rate and marginal standing facility (MSF) rate stand adjusted to 5.75 per cent and 6.25 percent respectively, with immediate effect.
Link – https://www.rbi.org.in/Scripts/NotificationUser.aspx?Id=12831&Mode=0
About the Author
