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Banks borrow Rs 61,300 crore from RBI under MSF on Sept 26

MUMBAI: Indian banks borrowed Rs 61,300 crore from the Reserve Bank of India's marginal standing facility (MSF) window on Sept. 26, down from Rs 68,591 core on Sept. 25.

RBI lowered the MSF rate by 75 basis points on Sept 20 to 9.50 per cent. It had raised this rate by 200 bps to 10.25 per cent in mid-July. 

Banks usually tap the MSF rate during acute 
cash tightness.