Supreme Court: Banks Cannot Invoke IBC Against Debtors For Builder-Linked Loans || Supreme Court: Non-Disclosure of Failed Candidates’ Marks Does Not Imply They Passed Exams || Supreme Court: Murder Accused Cannot Inherit Property of the Person Allegedly Killed || Supreme Court: Delay in Deposit Does Not Automatically Cancel Contracts under Specific Relief Act || SC: Railways is Treated as a Consumer under the Electricity Act, Not a Distribution Licensee || Bom HC: Genuine Residents Cannot be Denied Relief Due to Aadhaar Deactivation or Biometric Mismatch || Punjab & Haryana High Court: Raid on Rajinder Gupta’s Factory Soon After He Joined BJP From AAP || Madhya Pradesh HC: Delay Can Be Condoned under Limitation Act Where Statute Has No Express Bar || Cal HC Upholds PILs on Great Nicobar Project, Noting Alleged FRA Violations and Tribal Vulnerability || Calcutta HC: Vodafone Idea Must Obtain Copyright Society Licence to Use Songs as Caller Tunes

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 :