RBI hikes policy repo rate under the liquidity adjustment facility
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- By Chetan Kulasri
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- Last Updated on 9 June, 2022
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Press Release: 2022-2023/333, Dated: 08.06.2022
The Monetary Policy Committee (MPC) of the RBI has announced the increase in the policy repo rate under the liquidity adjustment facility (LAF) by 50 basis points to 4.90 percent with an immediate effect. Earlier the prescribed repo rate was 4.40 percent. The standing deposit facility (SDF) rate stands adjusted to 4.65 percent and the marginal standing facility (MSF) rate and the Bank Rate to 5.15 percent.
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