Supreme Court: Companies Can Face Prosecution Without Individual Officers Being Named || SC: Penalties on Insolvent Developers cannot be Recovered from Homebuyers as CIRP Costs || Allahabad HC: ‘Sar Tan Se Juda’ Hits Sovereignty, Unlike ‘Allahu-Akbar’, ‘Jai Shri Ram’ || Kerala High Court: Married Woman Cannot Claim Sex Was Based Solely on Promise of Marriage || Madras High Court Refuses Equal Recitation of Tamil Hymns With Sanskrit at Meenakshi Temple || Delhi HC: Absence of ‘Penetration’ In Child Victim’s Testimony Not Enough to Acquit Rape Accused || J&K High Court: Possession of Allegedly Anti-National Book Cannot Justify Preventive Detention || Delhi High Court: DNA Evidence Proves Sexual Intercourse, Not Consent || Madras High Court Upholds Appointment of District Judges as Tamil Nadu Lokayukta Secretary || Allahabad High Court: IO’s Mere Apprehension Cannot Justify Withholding Seized Items

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 :