RBI/2019-2020/183
FMOD.MAOG.No.139/01.18.001/2019-20

March 27, 2020

All Marginal Standing Facility (MSF) participants

Madam/Sir,

Marginal Standing Facility

As announced in the Seventh Bi-monthly Monetary Policy Statement, 2019-20 today, it has been decided by the Monetary Policy Committee (MPC) to reduce the policy Repo rate under the Liquidity Adjustment Facility (LAF) by 75 basis points from 5.15 per cent to 4.40 per cent with immediate effect.

2. Consequently, the Marginal Standing Facility (MSF) rate stands adjusted from 5.40 per cent to 4.65 per cent with immediate effect.

Yours sincerely

(Radha Shyam Ratho)
Chief General Manager