The Reserve Bank of India reported ₹1,99,912 crore parked through its Standing Deposit Facility against ₹28,311 crore availed under the Marginal Standing Facility on October 24, 2026. Including outstanding operations, net liquidity absorption stood at ₹38,895.95 crore.
BKK Bureau, New Delhi | 26 October 2026 | 3:57 PM IST
The Reserve Bank of India reported net liquidity absorption of ₹1,71,601 crore from operations conducted on October 24, 2026, according to its money-market operations statement. The figure reflects ₹28,311 crore provided through the Marginal Standing Facility (MSF) and ₹1,99,912 crore placed with the RBI through the Standing Deposit Facility (SDF).
Both the MSF and SDF transactions were for a one-day tenor, maturing on October 25, 2026. The MSF was conducted at 5.75%, while the SDF carried a rate of 5.25%. The RBI reported no two-day transactions under either facility for the day.
After incorporating outstanding operations, the central bank reported net liquidity injection of ₹1,32,705.05 crore from earlier transactions. These included repo operations of ₹50,003 crore for three days at 5.58% and ₹1,00,014 crore for seven days at 5.51%. Both operations were scheduled to mature on October 26, 2026.
The outstanding operations also included a reverse-repo transaction of ₹29,555 crore conducted on October 8 for 29 days at 5.49%, with maturity set for November 6, 2026. The RBI separately reported ₹4,639 crore availed through the MSF for three days at 5.75%, along with smaller SDF balances of ₹70 crore for two days and ₹2,737 crore for three days, both at 5.25%.
Taking both the day’s activity and outstanding transactions together, the RBI reported net liquidity absorption of ₹38,895.95 crore. The calculation uses repo, MSF and Standing Liquidity Facility operations as liquidity injections, and reverse repo and SDF transactions as liquidity absorption, as defined in the release.
The RBI also reported ₹10,411.05 crore availed through its Standing Liquidity Facility. The release noted that the facility figure includes refinance facilities extended by the central bank.
Money-market transaction volumes were reported at zero across the overnight segment, including call money, triparty repo, market repo and repo in corporate bonds. The term segment also showed zero volume for notice money, term money, triparty repo, market repo and corporate-bond repo.
Scheduled commercial banks held cash balances of ₹8,45,809.53 crore with the RBI on October 24. The average daily cash-reserve requirement for the fortnight ending October 31 was reported at ₹8,33,309 crore. The statement also put the Government of India’s surplus cash balance reckoned for auction at ₹50,003 crore as of October 23.
Net durable liquidity was reported at a surplus of ₹10,14,401 crore as of September 30, 2026. The RBI said the money-market figures were based on data from the central bank and the Clearing Corporation of India Limited.
Why it matters
The statement provides a detailed snapshot of short-term liquidity conditions in India’s financial system. It shows the amounts banks placed with or borrowed from the RBI, the maturity profile of outstanding operations and the cash balances held against reserve requirements, helping market participants track the central bank’s day-to-day liquidity management.
Why it matters
The release gives an official snapshot of short-term liquidity management, including bank cash balances, RBI borrowing and deposit facilities, outstanding repos and the net liquidity position after all reported operations.
Source: Reserve Bank of India
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