Rate Summary as per Policy Announcement on 9th Oct 2020


 1. Repo Rate – 

There is no change. Repo Rate is the fixed interest rate at which the RBI provides overnight liquidity to banks against the collateral of government and other approved securities under the Liquidity Adjustment Facility (LAF). Current Repo Rate is 4%.


2. Reverse Repo Rate – 

There is no change in Reverse Repo Rate too. The Reverse Repo Rate is the fixed interest rate at which the RBI absorbs liquidity, on an overnight basis, from banks against the collateral of eligible government securities under the Liquidity Adjustment Facility (LAF). Current Reverse Repo Rate is 3.35%.


3. Marginal Standing Facility (MSF) – 

There is no change in the Marginal Standing Facility (MSF) rate. The MSF or Marginal Standing Facility (MSF) Rate is the rate at which RBI lends funds overnight to scheduled banks against government securities. Current MSF Rate is 4.25%.


4. Bank Rate – 

There is no change in Bank Rate too. Bank rate is the rate at which the Reserve Bank of India (RBI) provides the loan to commercial banks without any security. Current Bank Rate is 4.25%