Document title: Money Market Operations as on November 01, 2026
Issuing authority: Reserve Bank of India
Reference number: Press Release: 2026-2027/1422
Date: November 02, 2026
Policy Rates and Liquidity
The Marginal Standing Facility (MSF) rate was fixed at 5.75 % for a one‑day tenor on Sunday, 01‑Nov‑2026, with a scheduled operation amount of ₹23,427.00 crore. The Standing Deposit Facility (SDF) rate was fixed at 5.25 % for the same one‑day tenor on the same date, with a scheduled operation amount of ₹2,05,869.00 crore. Net liquidity injected from today’s operations was recorded as a withdrawal of ₹1,82,442.00 crore (negative injection). Outstanding operations contributed an additional net liquidity absorption of ₹13,955.13 crore, resulting in a cumulative net liquidity injection (including today’s operations) of –₹1,96,397.13 crore.
Banking and Credit
Cash balances of scheduled commercial banks held with the RBI stood at ₹8,42,092.66 crore as of 01‑Nov‑2026. The average daily cash reserve requirement (CRR) for the fortnight ending 15‑Nov‑2026 was ₹8,16,655.00 crore. The Standing Liquidity Facility (SLF) availed from the RBI amounted to ₹10,306.87 crore.
Financial Stability
Net durable liquidity, defined as surplus (+) or deficit (‑), was reported at a surplus of ₹7,93,409.00 crore as of 15‑Oct‑2026. The Government of India’s surplus cash balance reckoned for auction as on 30‑Oct‑2026 was ₹0.00.
Overall, the RBI’s operations on 1 Nov 2026 indicate a substantial absorption of liquidity from the system while keeping policy rates unchanged, and cash reserve positions of scheduled banks remain robust.