<h1>Marginal Standing Facility cut and liquidity measures support growth while repo and CRR adjustments anchor inflation expectations.</h1> The Reserve Bank combined a reduction in the Marginal Standing Facility rate with an increase in the repo rate to influence short term funding costs, while operational measures - lowering the minimum daily Cash Reserve Ratio balance, introducing weekly variable rate 7 day and 14 day term repos indexed to a share of system NDTL, conducting open market purchase auctions, and providing a refinance facility to SIDBI - were deployed to improve liquidity and support credit to medium, micro and small enterprises.