The Reserve Bank of India absorbed ₹1,65,213 crore through its day’s operations, led by ₹1,72,235 crore parked under the Standing Deposit Facility. Overnight money-market activity stood at ₹7.17 lakh crore.
BKK Bureau, New Delhi | 28 October 2026 | 1:26 PM IST
The Reserve Bank of India recorded net liquidity absorption of ₹30,419.13 crore across outstanding operations, including those conducted on October 27, according to its money-market operations statement. The central bank’s calculation defines net liquidity as repo, marginal standing facility and standing liquidity facility borrowings minus reverse repo and Standing Deposit Facility balances.
During the day, banks availed ₹7,022 crore under the one-day Marginal Standing Facility at 5.75%. At the same time, ₹1,72,235 crore was placed with the RBI under the one-day Standing Deposit Facility at 5.25%. These operations resulted in net absorption of ₹1,65,213 crore for the day.
The RBI also reported outstanding operations that injected a net ₹1,34,793.87 crore. This included a four-day repo operation dated October 26 for ₹1,50,007 crore at 5.55%, maturing on October 30. Against this, an outstanding reverse-repo operation of ₹25,555 crore, conducted on October 8 for 29 days at 5.49%, is scheduled to mature on November 6.
Overnight money-market transactions had a combined one-leg volume of ₹7,17,097.85 crore and a weighted average rate of 5.64%. Triparty repo accounted for the largest portion of this activity, with volume of ₹5,16,395.80 crore and a weighted average rate of 5.62%. Market repo recorded ₹1,79,788.01 crore at an average rate of 5.69%.
Call-money transactions had a volume of ₹14,574.09 crore and a weighted average rate of 5.75%. Repo transactions in corporate bonds recorded ₹6,339.95 crore at an average rate of 5.84%. Across the overnight segment, the reported rate range was 4.30% to 6.00%.
Activity in the term segment was smaller. Term triparty repo recorded volume of ₹7,518.50 crore at a weighted average rate of 5.64%, while term market repo volume was ₹150 crore at an average rate of 5.94%. Notice money volume stood at ₹217.20 crore at 5.37%. Term-money transactions had volume of ₹269 crore, with the reported rate range at 5.50% to 6.25%. No term repo-in-corporate-bond transaction was reported.
The RBI also reported ₹10,341.87 crore availed under the Standing Liquidity Facility, which includes refinance facilities extended by the central bank. The statement showed cash balances of scheduled commercial banks with the RBI at ₹8,47,673.99 crore on October 27, compared with an average daily cash reserve requirement of ₹8,33,309 crore for the fortnight ending October 31.
Government of India surplus cash balance reckoned for auction was reported at zero on October 27. Separately, the RBI’s net durable liquidity position was shown as a surplus of ₹10,14,401 crore as of September 30. The money-market figures are based on data from the RBI and the Clearing Corporation of India Limited.
Why it matters
The statement provides a current view of short-term funding conditions and the RBI’s day-to-day liquidity operations. It shows the scale of overnight market activity, the use of the MSF and SDF facilities, and the balance between current-day absorption and liquidity supplied through outstanding operations.
Why it matters
The data offers an official snapshot of overnight funding volumes, short-term rates, bank cash balances and the RBI’s liquidity-management operations on October 27.
Source: Reserve Bank of India
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