RBI Money Market 6.66 Cr, 5.09% Rate

Document title: RBI Money Market Operations as on June 18, 2026

Issuing authority: Reserve Bank of India

Reference number: Press Release 2026-2027/490

Date: June 19, 2026

Policy Rates and Liquidity

The Reserve Bank of India (RBI) conducted marginal standing facility (MSF) and standing deposit facility (SDF) operations on 18 June 2026. The MSF was offered for a one‑day tenor, maturing on 19 June 2026, with an amount of ₹28.00 crore at a rate of 5.50 %. The SDF was also for a one‑day tenor, maturing on 19 June 2026, with an amount of ₹1,91,670.00 crore at a rate of 5.00 %. Net liquidity injected from today’s operations was a negative ₹1,91,642.00 crore, indicating absorption of liquidity.

Outstanding operations included repo transactions: on 17 June 2026 a two‑day repo of ₹50,016.00 crore and another of ₹22,284.00 crore, both at 5.26 %; on 16 June 2026 a seven‑day repo of ₹89,440.00 crore at 5.26 %. The Standing Liquidity Facility (SLF) availed from the RBI amounted to ₹10,738.89 crore. Net liquidity injected from outstanding operations stood at a positive ₹1,72,478.89 crore, while the combined net liquidity injection (including today’s operations) was a negative ₹19,163.11 crore.

Capital Markets and Flows

The overnight money‑market segment (including Call Money, Triparty Repo, Market Repo and Repo in Corporate Bonds) recorded a total volume of ₹6,66,232.85 crore with a weighted average rate of 5.09 % and a rate range of 4.00‑5.50 %.

• Call Money: volume ₹18,500.97 crore, weighted average rate 5.33 % (range 4.00‑5.45 %).
• Triparty Repo: volume ₹4,87,821.15 crore, weighted average rate 5.04 % (range 4.53‑5.25 %).
• Market Repo: volume ₹1,53,230.78 crore, weighted average rate 5.18 % (range 4.05‑5.50 %).
• Repo in Corporate Bonds: volume ₹6,679.95 crore, weighted average rate 5.36 % (range 5.30‑5.45 %).

The term segment showed:

• Notice Money: volume ₹713.10 crore, weighted average rate 5.73 % (range 4.80‑5.94 %).
• Term Money: volume ₹296.00 crore, rate not disclosed, range 5.55‑6.60 %.
• Triparty Repo (term): volume ₹5,290.00 crore, weighted average rate 5.09 % (range 5.05‑5.25 %).
• Market Repo (term): volume ₹445.24 crore, weighted average rate 5.50 % (range 5.35‑5.60 %).
• Repo in Corporate Bonds (term): volume ₹0.00.

Banking and Credit

Cash reserves of scheduled commercial banks as on 18 June 2026 were ₹8,12,360.40 crore. The average daily cash reserve requirement for the fortnight ending 30 June 2026 was ₹8,01,069.00 crore. The Government of India’s surplus cash balance reckoned for auction stood at ₹4,86,400.00 crore as of 18 June 2026 (and also as of 31 May 2026).

Overall, the RBI’s operations on 18 June 2026 reflected active liquidity management through repo, MSF and SDF facilities, substantial money‑market activity across overnight and term segments, and a strong cash‑reserve position for scheduled commercial banks.