SC: Section 22 of Hindu Succession Act Preference For Class-I Heirs Applies to Agricultural Land || Supreme Court: Refund Clause in Sale Agreement Does Not Extinguish Right to Specific Performance || SC Clarifies When a Probate Application Filed After a Testator's Death is Time-Barred || Madras HC: Coordinate Bench Cannot Reopen Issue Already Settled by Another Division Bench || Delhi HC Urges Law to Regulate Media, Notes Anyone with a Mobile Phone Can Claim to be a Journalist || CCI Rejects Allegations of Collusion Involving Reliance Jio and More Than 4,500 Entities || Allahabad HC: Working Mother with Child Custody Cannot Shift Entire Maintenance Liability to Father || Bombay HC: Possessory Suit U/S 6 of the SRA is Maintainable Despite a Licensor-Licensee Relationship || Del HC: Master's Candidates Without the Prescribed Bachelor's Degree are Ineligible as Govt Teacher || Cal HC: BSF Cannot Deny DIG Rank to an Officer Injured in 1995 Road Accident After Earlier Promotion

Liquidity Adjustment Facility- Change in rates- (Reserve Bank of India) (04 May 2022)

MANU/RMIC/0084/2022

Banking

1. 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 40 basis points from 4.00 per cent to 4.40 per cent with immediate effect.

2. Consequently, the standing deposit facility (SDF) rate and marginal standing facility (MSF) rate stand adjusted from 3.75 per cent to 4.15 per cent and from 4.25 per cent to 4.65 per cent respectively, with immediate effect.

3. All other terms and conditions of the extant LAF Scheme will remain unchanged.

Tags : LIQUIDITY ADJUSTMENT FACILITY CHANGE RATES

Share :