The Reserve Bank of India increased the policy repo rate under the Liquidity Adjustment Facility by 25 basis points to 5.50% with immediate effect, with the collateralized Standing Liquidity Facility for primary dealers repriced to the same rate.
Reserve Bank of India raises repo rate and primary dealer liquidity facility rate to 5.50%
The Reserve Bank of India raised the policy repo rate and the Standing Liquidity Facility rate for primary dealers by 25 basis points to 5.50%, effective immediately.