Increase the policy repo rate under the liquidity adjustment facility (LAF) by
25 basis points to 6.50 per cent with immediate effect.
Consequently, the standing deposit facility (SDF) rate stands adjusted to 6.25 per cent
and the marginal standing facility (MSF) rate and the Bank Rate to 6.75 per cent.
The MPC also decided to remain focused on withdrawal of accommodation to
ensure that inflation remains within the target going forward, while supporting
growth.
MSF & Bank rate also increased by 50bps to 6.5% from 6.15%
Policy Rate remains Accommodative
GDP FY-23 Forecast lowered to 6.8% from 7%
RBI keeps key rates unchanged; to focus on withdrawal from accommodative stance
CPI Inflation Forecast kept unchnaged 6.7%
RBI Monetary Policy Report (Sept-2022)
Hiked the repo rate by 50 bps to 5.90%.
Standard Deposit Facility (SDF) rate and the Marginal Standing Facility (MSF) rate were also increased by the same quantum to 5.65% & 6.15%, respectively
Bank rate also increased by 50bps to 6.15% from 5.65%
There are no changes in the Cash Reserve Ratio (CRR) and Staturatory Liquid Ratio (SLR) rates, which were 4.50% & 18.00% respectively
