Indian banks borrow Rs 44,140 crore from RBI's marignal standing facility

MUMBAI: Indian banks borrowed Rs 44,140 crore ($6.95 billion) from the Reserve Bank of India's marginal standing facility (MSF) window on Aug. 20, lower than the Rs 47,310 crore on August 19. 

The RBI had raised the MSF rate by 200 basis points to 10.25 per cent and also imposed restrictions on daily borrowings by banks under its repo window last month. 

Banks usually tap the MSF rate during acute cash tightness.