Relevant Extracted Data –

Money market operations

  • Overnight Segment (I+II+III+IV): Call Money, Triparty Repo, Market Repo, Repo in Corporate Bond – all volumes 0.00 ₹ crore.
  • Term Segment: Notice Money, Term Money, Triparty Repo, Market Repo, Repo in Corporate Bond – all volumes 0.00 ₹ crore.
  • Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) – Today's Operations:
  • MSF (Sat, 23/05/2026): 1‑day tenor, amount 117.00 ₹ crore, cut‑off rate 5.50%; 2‑day tenor amount 0.00.
  • SDF (Sat, 23/05/2026): 1‑day tenor, amount 1,71,042.00 ₹ crore, cut‑off rate 5.00%; 2‑day tenor amount 0.00.
  • Net liquidity injected from today's operations: ‑1,70,925.00 ₹ crore (absorption).
Outstanding Operations
  • Repo Operations (Variable Rate):
  • Fri, 22/05/2026 – 3‑day tenor, amount 81,590.00 ₹ crore, rate 5.26% (maturity Mon, 25/05/2026).
  • Wed, 20/05/2026 – 5‑day tenor, amount 16,435.00 ₹ crore, rate 5.26% (maturity Mon, 25/05/2026).
  • Mon, 18/05/2026 – 7‑day tenor, amount 16,005.00 ₹ crore, rate 5.26% (maturity Mon, 25/05/2026).
  • Reverse Repo Operations:
  • MSF (Fri, 22/05/2026) – 2‑day tenor, amount 0.00, rate 5.50%.
  • MSF (Fri, 22/05/2026) – 3‑day tenor, amount 288.00 ₹ crore, rate 5.50%.
  • SDF (Fri, 22/05/2026) – 2‑day tenor, amount 88.00 ₹ crore, rate 5.00%.
  • SDF (Fri, 22/05/2026) – 3‑day tenor, amount 4,165.00 ₹ crore, rate 5.00%.
  • Standing Liquidity Facility (SLF) availed from RBI: 9,038.58 ₹ crore.
  • Net liquidity injected from outstanding operations: 1,19,103.58 ₹ crore.
  • Net liquidity injected (outstanding including today's operations): ‑51,821.42 ₹ crore.

Surveys or reports

  • Cash Reserves Position of Scheduled Commercial Banks:
  • Cash balances with RBI as on May 23, 2026: 7,94,202.57 ₹ crore.
  • Average daily cash reserve requirement for the fortnight ending May 31, 2026: 7,96,910.00 ₹ crore.
  • Government of India Surplus Cash Balance (for auction) as on May 22, 2026: 81,590.00 ₹ crore.
  • Net durable liquidity (surplus/deficit) as on April 30, 2026: 3,03,862.00 ₹ crore.

Borrowings, liquidity, and capital markets impact

  • The RBI injected ‑1,70,925 ₹ crore of liquidity on the day, while outstanding operations contributed a net +1,19,104 ₹ crore, resulting in an overall net absorption of ‑51,821 ₹ crore.
  • High SDF absorption and zero market volumes suggest limited short‑term funding activity, potentially tightening liquidity conditions for banks and market participants.
  • Elevated cash reserve balances (~₹7.94 Lakh cr) indicate ample liquidity in the banking system despite the net absorption.

All figures are in ₹ crore unless otherwise specified.