The Reserve Bank of India announced that the Monetary Policy Committee has raised the policy repo rate under the Liquidity Adjustment Facility by 25 basis points to 5.50% with immediate effect, increasing the standing deposit facility rate to 5.25% and the marginal standing facility rate to 5.75%, while leaving all other scheme terms unchanged.
Reserve Bank of India raises policy repo rate by 25 basis points to 5.50%
The Reserve Bank of India raised the policy repo rate by 25 basis points to 5.50% with immediate effect, lifting the standing deposit facility and marginal standing facility rates to 5.25% and 5.75%, respectively, with all other Liquidity Adjustment Facility terms unchanged.