Document title: Money Market Operations as on October 19, 2026
Issuing authority: Reserve Bank of India
Reference number: Press Release 2026-2027/1356
Date: October 21, 2026
Policy Rates and Liquidity
The RBI disclosed that the overnight money‑market segment (including call money, triparty repo, market repo and repo in corporate bonds) recorded a total one‑leg volume of 7,00,613.28 crore rupees with a weighted average rate of 5.56% and a rate range of 4.85% to 6.00%. Call money contributed 13,586.97 crore at 5.66% (range 4.85%‑5.75%). Triparty repo accounted for 5,03,521.05 crore at 5.54% (range 5.05%‑5.70%). Market repo amounted to 1,77,529.66 crore at 5.62% (range 5.00%‑5.76%). Repo in corporate bonds was 5,975.60 crore at 5.75% (range 5.00%‑6.00%).
In the term segment, notice money stood at 2,767.44 crore with a rate of 5.61% (range 4.85%‑5.70%). Term money was 966.00 crore with a rate band of 5.70%‑6.20%. Triparty repo in the term segment was 1,782.75 crore at 5.60% (range 5.41%‑5.75%). Market repo was 440.66 crore at 5.97% (range 5.85%‑5.98%). Repo in corporate bonds for the term segment was 40.00 crore at 6.35% (range 6.30%‑6.40%).
Today's operations on Monday, 19 Oct 2026 included a repo operation of 7‑day tenor amounting to 1,00,014.00 crore at a rate of 5.51%. The Marginal Standing Facility (MSF) was operated for a 1‑day tenor of 3,520.00 crore at 5.75% and for a 2‑day tenor of 48.00 crore at 5.75%. The Standing Deposit Facility (SDF) was operated for a 1‑day tenor of 1,87,158.00 crore at 5.25%. Net liquidity injected from today's operations was a withdrawal of 86,496.00 crore.
Banking and Credit
Cash reserves of scheduled commercial banks as on 19 Oct 2026 were ₹8,43,531.91 crore. The average daily cash reserve requirement for the fortnight ending 31 Oct 2026 was ₹8,33,309.00 crore. The Government of India surplus cash balance available for auction on the same date was ₹1,00,014.00 crore.
Financial Stability
Net liquidity injected from outstanding operations (including both repo and reverse repo, MSF and SDF) amounted to a withdrawal of ₹28,118.95 crore. When combined with today's operations, the overall net liquidity injection turned into a withdrawal of ₹1,14,614.95 crore. Net durable liquidity (surplus) as on 30 Sep 2026 stood at ₹10,14,401.00 crore.
Outstanding Operations
A reverse repo operation outstanding from Thursday, 08 Oct 2026, with a tenor of 29 days and maturity on Friday, 06 Nov 2026, amounted to ₹37,055.00 crore at a rate of 5.49%.
Standing Liquidity Facility
The Standing Liquidity Facility (SLF) availed from the RBI amounted to ₹8,936.05 crore.
Overall, the RBI’s money‑market data for 19 Oct 2026 shows substantial liquidity absorption through repo and reverse‑repo operations, repo rates hovering around 5.5%‑5.75%, and robust cash‑reserve balances in the banking system.