RBI/2022-23/64
MPD.BC.393/07.01.279/2022-23

June 8, 2022

All Primary Dealers,

Standing Liquidity Facility for Primary Dealers

In the Monetary Policy Statement 2022-23, dated June 8, 2022, the policy repo rate under the Liquidity Adjustment Facility (LAF) has been increased by 50 basis points from 4.40 per cent to 4.90 per cent with immediate effect.

2. Accordingly, the Standing Liquidity Facility provided to Primary Dealers (PDs) (collateralised liquidity support) from the Reserve Bank would be available at the revised repo rate of 4.90 per cent with effect from June 8, 2022.

Yours faithfully,

(Muneesh Kapur)
Adviser-in-Charge