Marginal Standing Facility Rate
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Marginal standing facility will be lowered faster than repo rate hiked: RBI chief
The Reserve Bank of India will lower its marginal standing facility (MSF) rate by more than any hike it makes in the policy repo rate in order to reduce the gap between them to 100 basis points, RBI Governor Raghuram Rajan said on Friday.
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Reserve Bank of India takes steps to ease rupee volatility
The Reserve Bank of India (RBI) late on Monday announced measures to manage volatility in the rupee, including lifting two interest rates by 200 basis points each and a planned sale of 120 billion rupees of government bonds on July 18.
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Marginal standing facility will be lowered faster than repo rate hiked: RBI chief
The Reserve Bank of India will lower its marginal standing facility (MSF) rate by more than any hike it makes in the policy repo rate in order to reduce the gap between them to 100 basis points, RBI Governor Raghuram Rajan said on Friday.
-
Reserve Bank of India takes steps to ease rupee volatility
The Reserve Bank of India (RBI) late on Monday announced measures to manage volatility in the rupee, including lifting two interest rates by 200 basis points each and a planned sale of 120 billion rupees of government bonds on July 18.
