RBI extends enhanced borrowing limit under MSF till September 30

The RBI, as a temporary measure, had increased the borrowing limit of scheduled banks under the marginal standing facility (MSF) scheme from 2 per cent to 3 per cent of their Net Demand and Time Liabilities (NDTL) with effect from March 27, 2020.

from Economy-News-Economic Times https://ift.tt/2YDfH5O