Document Title: Money Market Operations as on November 09, 2026
Issuing Authority: Reserve Bank of India
Reference: Press Release 2026-2027/1475
Date: 11 November 2026
Policy rates and liquidity
The RBI reported that the total overnight money‑market volume (segments I‑IV) on 9 Nov 2026 was ₹7,37,804.31 crore, with a weighted average rate of 5.50 % and a rate range of 3.00‑7.50 %. Within the overnight segment, call money (₹14,551.04 cr) traded at 5.59 % (range 4.30‑5.70 %), triparty repo (₹5,39,199.30 cr) at 5.47 % (4.95‑5.63 %), market repo (₹1,76,503.97 cr) at 5.57 % (3.00‑5.75 %), and repo in corporate bonds (₹7,550.00 cr) at 5.74 % (5.65‑7.50 %).
In the term segment, notice money (₹292.55 cr) yielded 5.45 % (5.20‑5.60 %), term money (₹348.00 cr) had a quoted band of 5.60‑6.20 % (rate not disclosed), triparty repo (₹9,679.45 cr) at 5.53 % (5.25‑5.65 %), market repo (₹330.00 cr) at a flat 5.25 %, and no repo in corporate bonds was executed.
Today's liquidity‑adjustment operations included a 4‑day repo of ₹50,003.00 cr at 5.51 %, marginal standing facility (MSF) operations of ₹5,239.00 cr for one‑day tenor and ₹1,000.00 cr for two‑day tenor, both at 5.75 %, and standing‑deposit‑facility (SDF) operations of ₹2,03,264.00 cr (one‑day) and ₹1,401.00 cr (two‑day) at 5.25 %.
Net liquidity injected from today’s operations was –₹1,48,423.00 cr.
Banking and credit
Cash reserves of scheduled commercial banks as on 9 Nov 2026 stood at ₹8,47,567.50 crore. The average daily cash‑reserve requirement (CRR) for the fortnight ending 15 Nov 2026 was estimated at ₹8,16,655.00 crore.
Financial stability and inclusion
The standing liquidity facility (SLF) availed from the RBI amounted to ₹10,306.87 crore. Net liquidity injected from outstanding operations, including today’s actions, was –₹1,38,116.13 crore. The government’s surplus cash balance available for auction on 9 Nov 2026 was ₹50,003.00 crore, and net durable liquidity as of 15 Oct 2026 was ₹7,93,409.00 crore.
The press release notes that net liquidity is calculated as Repo + MSF + SLF – Reverse Repo – SDF, and references earlier circulars for methodology.
Overall, the RBI’s operations on 9 Nov 2026 reflected a net absorption of liquidity, with key money‑market rates anchored around 5.5 % and substantial cash‑reserve holdings by banks.