Wednesday 6 April 2016

Marginal Standing Facility (MSF)



Marginal Standing Facility


(MSF) rate refers to the rate at which the scheduled banks can borrow funds overnight from RBI against government securities. MSF is a very short term borrowing scheme for scheduled commercial banks.


Marginal Standing Facility As announced by RBI, it has been decided to reduce the Marginal Standing Facility (MSF) rate by 75 basis points from 7.75 per cent to 7.00 percent with immediate effect. All other terms and conditions of the current MSF scheme will remain unchanged.


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