Clarification regarding the Standing Liquidity Facility for Standalone Primary Dealers

LegalitySimplified

RBI on March 29, 2023 has issued clarification regarding the Standing Liquidity Facility for Standalone Primary Dealers. On a review of current and evolving liquidity conditions, the Reserve Bank of India has decided that an additional amount of ₹5,000 crore will be made available under the Standing Liquidity Facility for standalone primary dealers on March 31, 2023 at the prevailing repo rate.

Allotments will be made at the discretion of the Reserve Bank. The amount availed under the special arrangement will be repayable on or before April 5, 2023.

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