Indian banks borrow 1.43 trillion rupees from central bank under MSF on Sept 16

MUMBAI: Indian banks borrowed 1.43 trillion rupees from the Reserve Bank of India's marginal standing facility (MSF) window on Sept. 16, above the 1.17 trillion rupees on Sept. 13. The RBI had raised the MSF rate by 200 basis points to 10.25 percent and also imposed restrictions on daily borrowings by banks under its repo window in July.

Banks usually tap the MSF rate during acute cash tightness.