The Reserve Bank of India reported net liquidity absorption of ₹1,86,176.95 crore after the day’s operations and outstanding facilities. Overnight money-market transactions totalled ₹16,971.16 crore, with triparty repo accounting for most of the volume.
BKK Bureau, New Delhi | 19 October 2026 | 3:27 PM IST
The Reserve Bank of India’s money-market operations data for October 17, 2026, showed net liquidity absorption of ₹1,86,176.95 crore when the day’s transactions and outstanding operations were considered together. Under the RBI’s calculation, a negative figure represents absorption from the banking system.
Operations conducted on October 17 resulted in net absorption of ₹1,36,687 crore. Banks accessed the Marginal Standing Facility for a combined ₹6,591 crore, comprising ₹6,414 crore for one day and ₹177 crore for two days, both at 5.75%. At the same time, banks placed ₹1,43,278 crore with the RBI through the Standing Deposit Facility: ₹1,40,986 crore for one day and ₹2,292 crore for two days, at 5.25%.
The RBI’s outstanding operations generated a further net absorption of ₹49,489.95 crore. These included reverse-repo transactions worth ₹18,170 crore maturing on October 19 and ₹38,655 crore maturing on November 6, both carrying a current rate of 5.49%. The outstanding operations also included ₹1,141 crore under the Standing Deposit Facility. The RBI separately reported ₹8,476.05 crore availed under its Standing Liquidity Facility.
Activity in the overnight money-market segment amounted to ₹16,971.16 crore, measured on a one-leg basis. The weighted average rate for the segment was 5.61%, with transactions occurring between 3.50% and 5.95%.
Triparty repo was the largest overnight segment, recording volume of ₹14,983.20 crore and a weighted average rate of 5.71%. Call-money transactions stood at ₹1,069.65 crore, with a weighted average rate of 5.28%. Market repo volume was ₹918.31 crore at a weighted average rate of 4.42%. The RBI reported no transactions in overnight repo backed by corporate bonds.
Activity in the term segment was limited. Notice-money transactions of two to 14 days stood at ₹22.70 crore, with a weighted average rate of 5.21%. There were no reported transactions in term money, term triparty repo, term market repo or term repo backed by corporate bonds.
The RBI reported scheduled commercial banks’ cash balances with it at ₹8,43,229.42 crore on October 17. The average daily cash reserve requirement for the fortnight ending October 31 was ₹8,33,309 crore, placing the reported cash balance ₹9,920.42 crore above that average requirement.
The government’s surplus cash balance reckoned for auction was reported at zero as of October 16. The RBI also listed net durable liquidity at a surplus of ₹10,14,401 crore as of September 30, 2026. The release noted that its money-market figures are based on data from the RBI and the Clearing Corporation of India Limited.
Why it matters
The figures provide a snapshot of liquidity conditions in India’s banking and money markets on October 17. They show the scale of funds placed with the RBI through the Standing Deposit Facility, the use of the Marginal Standing Facility, the concentration of overnight activity in triparty repo, and the reserve position of scheduled commercial banks. The data can help businesses and market participants track short-term funding conditions without implying a change in monetary policy or future market direction.
Why it matters
The release quantifies short-term liquidity absorption, overnight funding activity and banks’ cash-reserve position, offering a factual view of money-market conditions on October 17, 2026.
Source: Reserve Bank of India
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