SC: No Remand if the Appellate Court Can Decide the Issue on Existing Evidence || SC: S.69 Evidence Act Applies to Will Only if S.68 Attestation Proof is Impossible || SC: Superior’s Mere Reprimand Not Abetment of Suicide without Intent to Provoke Death || SC: Speedy Trial is Victim’s Right; Gangsters Act Case Cannot Stall Other Trials || Supreme Court Issues Directions to Curb Unaccounted Cash in Elections to Protect Democracy || Supreme Court Issues Directions to Prevent Fake Sureties in Bail Cases Involving Foreigners || Madras HC: Police Cannot Arbitrarily Bar Carrying Indian Flag at Peaceful Rallies || Delhi HC Bars JNU from Granting Student Admissions Using Deprivation Points || Kerala High Court Flags Misuse of POCSO in Marital Disputes and Acquits Man Accused of Rape || Calcutta HC orders Urgent EWS Certificate Decision, Says Mother's Voter Deletion Irrelevant

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 :