Lok Sabha Confirms Imposition of President Rule in Manipur || AP HC: Court Possesses Limited Scope of Judicial Review in Transfer Cases on Account of Exigencies || Bom. HC: Can’t Evict Tenants Under Arbitration Act if Occupying Premises Falling under DA || Delhi High Court Passes Permanent Injunction in Favour of ‘Peak XV Partners’ || Bombay HC: Condition that Younger Candidate Would be Preferred Over Older Candidate Violates COI || Kar. HC Refuses to Entertain Petition Seeking Implementation of Circular Regarding Usage of ‘Dalit’ || Kar. HC: Rapido, Uber Can’t Operate in State Unless Relevant Guidelines Issued || Delhi HC: Preserve CCTV Footage When Complaint against Dept. Regarding Illegal Detention in Received || SC Refuses to Direct States to Establish Public Libraries || SC: To Prevent Re-Litigation, Quasi-Judicial Bodies are Bound by Principles of Res-Judicata

Marginal Standing Facility- (Reserve Bank of India) (04 Oct 2016)

MANU/RMIC/0174/2016

Banking

As announced in the Fourth Bi-monthly Monetary Policy Statement today, it has been decided by the Monetary Policy Committee (MPC) to reduce the Repo rate under the Liquidity Adjustment Facility (LAF) by 25 basis points from 6.50 per cent to 6.25 per cent with immediate effect. Consequent to the change in the Repo rate, the Marginal Standing Facility (MSF) rate will stand adjusted to 6.75 per cent with immediate effect. All other terms and conditions of the current MSF scheme will remain unchanged.

Tags : REPO RATE REDUCTION MARGINAL STANDING FACILITY ADJUSTMENT

Share :