RBI money market operations: net liquidity nearly flat on October 21

SHOTS Desk · Thu · 22 Oct 2026 · 09:45 · Reported

The Reserve Bank of India reported total overnight money market volume of ₹6,95,661.81 crore on October 21, 2026, with a weighted average rate of 5.64 per cent across call money, triparty repo, market repo, and repo in corporate bonds.

Under today's RBI operations, a variable rate repo injected ₹50,007 crore at 5.52 per cent, the Marginal Standing Facility absorbed ₹2,613 crore at 5.75 per cent, and the Standing Deposit Facility absorbed ₹1,25,597 crore at 5.25 per cent. Net liquidity from today's operations was minus ₹72,977 crore.

Including outstanding operations, net liquidity injected stood at minus ₹541.95 crore. Cash balances of scheduled commercial banks with RBI were ₹8,46,959.44 crore against an average daily reserve requirement of ₹8,33,309 crore for the fortnight ending October 31. Net durable liquidity as of September 30, 2026 was ₹10,14,401 crore.

Read it at Reserve Bank of IndiaSHOTS Desk