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MSF cut to aid banks dependent on bulk funds: Federal Bk

There is no fix number as MSF is there to meet the frictional liquidity conditions. The impact on cost of funds because of marginal standing facility rate being cut by 50 basis points yesterday would depend from bank to bank. Those banks which depend more on bulk funds would be impacted more.

first published: Oct 8, 2013 01:04 pm

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