Month: December 2022

In its Monetary Policy Statement dated December 7, 2022, The Reserve Bank of India (RBI) has increased the policy repo rate under the liquidity adjustment facility (LAF) by 35 basis points from existing 5.90 percent to 6.25 percent. ‘’Policy Rate” means the rate for repo-transactions as specified under sub-section (12AB) of section 17 of the […]