Document title: Money Market Operations as on June 26, 2026
Issuing authority: Reserve Bank of India
Reference number: Press Release: 2026-2027/556
Date: June 29, 2026
Policy Rates and Liquidity
The RBI’s money market operations for the day of June 26, 2026 showed zero activity across all overnight segments – call money, triparty repo, market repo and repo in corporate bonds – with a weighted average rate of 0.00 %. In the term segment, notice money, term money, triparty repo, market repo and repo in corporate bonds also recorded zero volume and no rates.
Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) and Standing Deposit Facility (SDF) operations were conducted. The MSF was accessed on June 26 for a one‑day tenor, injecting ₹269.00 crore at a rate of 5.50 %. A two‑day MSF operation of ₹90.00 crore at 5.00 % and a three‑day MSF operation of ₹2,318.00 crore at 5.00 % were also executed.
For the SDF, a three‑day operation of ₹1,21,869.00 crore at 5.00 % and a one‑day operation of ₹0.00 crore at 5.50 % were recorded on the same day. The net liquidity injected from today’s operations was a withdrawal of ₹1,24,008.00 crore (negative injection).
Outstanding operations as of the reporting date included a four‑day repo of ₹16,800.00 crore at 5.26 % (dated 25‑Jun‑2026) and a seven‑day reverse repo of ₹1,41,171.00 crore at 5.26 % (dated 23‑Jun‑2026). MSF outstanding amounts were nil for tenors of two and three days, and ₹282.00 crore for a four‑day tenor at 5.50 %. SDF outstanding amounts were ₹0.00 crore for a two‑day tenor, ₹225.00 crore for a three‑day tenor and ₹2,106.00 crore for a four‑day tenor, all at 5.00 %.
The Standing Liquidity Facility (SLF) availed from the RBI amounted to ₹10,754.89 crore. Net liquidity injected from outstanding operations (excluding today’s) was ₹1,66,676.89 crore, leading to a cumulative net liquidity injection of ₹42,668.89 crore when today’s operations are included.
Banking and Credit
Cash reserves of scheduled commercial banks stood at ₹8,10,877.95 crore on June 26, 2026. The average daily cash reserve requirement for the fortnight ending June 30, 2026 was ₹8,01,069.00 crore.
Financial Stability and Inclusion
The Government of India’s surplus cash balance available for auction was ₹16,800.00 crore as of June 25, 2026. Net durable liquidity, defined as the surplus or deficit of cash, was a surplus of ₹4,86,400.00 crore as of May 31, 2026.
Regulatory and Policy Measures
All figures are based on data from the Reserve Bank of India and the Clearing Corporation of India Limited (CCIL). References to prior press releases and notifications are provided for context, including Press Release No. 2025‑2026/1201 (30‑Sep‑2025), Press Release No. 2022‑2023/41 (08‑Apr‑2022), and others. The data reflects the RBI’s ongoing efforts to manage liquidity and ensure stability in the money market.