RBI:
As announced in the Monetary Policy Statement dated December 07, 2022, the Monetary Policy Committee (MPC) decided changes in rates for Liquidity Adjustments as under with immediate effect:
- To increase the policy repo rate under the Liquidity Adjustment Facility (LAF) by 35 basis points from 5.90 % to 6.25 %
- The standing deposit facility (SDF) rate stand adjusted to 6.00 %
- Marginal standing facility (MSF) rate stand adjusted to 6.50 %
[Notification No. RBI/2022-23/147 FMOD.MAOG.No.148/01.01.001/2022-23 dated 7th Dec 2022]