Media reports indicate that Indian banks borrowed Rs 33,829 crore ($5.5 billion) from the Reserve Bank of India's marginal standing facility (MSF) window on October 22, lower than the Rs 451.26 crore on October 21.
Tag: Marginal Standing Facility
Post
Post
Banks borrow Rs 55,278 cr from RBI
Media reports say that banks borrowed Rs 55,278 crore ($8.6 billion) from the Reserve Bank of India's marginal standing facility (MSF) window on September 6 for four days, higher than the Rs 24,531 crore on Sept 5 for one day. Markets were closed on September 9 for a local holiday.
Post
Banks borrow Rs 50 mn from RBI via MSF
Media reports say that Indian banks borrowed Rs 50 million ($850,340) through the RBI's marginal standing facility (MSF) on July 25, the RBI data showed on July 26. The RBI raised the MSF rate by 200 basis points to 10.25 per cent on July 15, 300 basis points higher than the policy repo rate of 7.25 per cent.
Post
RBI keeps CRR unchanged
A resolute Reserve Bank of India (RBI) refrained from reducing policy repo rate in its mid-quarter review of monetary policy on 17 June 2013 citing the persistently high food inflation even though general inflation has declined.
Post
RBI cuts repo rate to support economic growth
Reserve Bank of India (RBI) reduced the policy repo rate by 25 basis points from 8.0 per cent to 7.75 per cent with immediate effect in its third quarter review of monetary policy 2012-13. In order to infuse liquidity into the banking system, the central bank also reduced the cash reserve ratio (CRR) of scheduled banks by 25 basis points from 4.25 per