Money Market Operations as on October 09, 2026 – Reserve Bank of India, Press Release No. 2026-2027/1307, dated October 12, 2026.
Policy Rates and Liquidity
The RBI reported that the overnight money‑market segment (inclusive of Call Money, Triparty Repo, Market Repo and Repo in Corporate Bonds) recorded a total one‑leg volume of ₹7,02,935.73 crore. The weighted average rate across the segment was 5.30 %, with a quoted range of 4.00‑5.99 %.
- Call Money volume stood at ₹14,570.40 crore with a rate of 5.31 % (range 4.00‑5.55 %).
- Triparty Repo volume was ₹4,85,925.40 crore at 5.30 % (range 5.22‑5.99 %).
- Market Repo volume amounted to ₹1,96,521.43 crore at 5.29 % (range 4.00‑5.90 %).
- Repo in Corporate Bonds recorded a volume of ₹5,918.50 crore at an average rate of 5.36 % (range 5.28‑5.60 %).
In the term segment, Notice Money volume was ₹136.70 crore at 5.22 % (range 5.03‑5.25 %). Term Money volume was ₹478.50 crore (rate not applicable). Triparty Repo for the term segment amounted to ₹3,582.00 crore at 5.43 % (range 5.30‑5.50 %). Market Repo was ₹419.66 crore at 5.42 % (range 5.40‑5.50 %). Repo in Corporate Bonds for the term segment was nil.
Today's Operations (9 Oct 2026)
- Reverse Repo: ₹1,39,847 crore for a 3‑day tenor (maturing 12 Oct 2026) and ₹18,170 crore for a 10‑day tenor (maturing 19 Oct 2026) at a cut‑off rate of 5.49 %.
- Marginal Standing Facility (MSF): ₹184 crore for a 1‑day tenor at 5.75 %; no operations were recorded for 2‑day and 3‑day tenors.
- Standing Deposit Facility (SDF): ₹1,36,281 crore for a 1‑day tenor, ₹90 crore for a 2‑day tenor and ₹3,252 crore for a 3‑day tenor, all at 5.25 %.
- Net liquidity injected from today’s operations was a withdrawal of ₹2,97,456 crore (i.e., liquidity absorption).
Outstanding Operations
The outstanding reverse repo operation dated 8 Oct 2026 carried a volume of ₹79,655 crore for a 29‑day tenor, maturing on 6 Nov 2026, at a rate of 5.49 %.
Net liquidity injected from outstanding operations (including refinance facilities) was a withdrawal of ₹76,097.90 crore.
Combining today’s and outstanding operations, the total net liquidity injected amounted to a deficit of ₹3,73,553.90 crore.
Banking and Credit
Cash reserves of scheduled commercial banks as of 9 Oct 2026 were ₹7,89,328.79 crore. The average daily cash reserve requirement for the fortnight ending 15 Oct 2026 was ₹8,17,219.00 crore. The Government of India’s surplus cash balance reckoned for auction on the same date was zero.
Financial Stability and Inclusion
Net durable liquidity, representing the surplus (or deficit) after accounting for all liquidity sources, stood at a surplus of ₹13,93,819.00 crore as of 15 Sep 2026.
The Standing Liquidity Facility (SLF) was availed for ₹3,557.10 crore.
The RBI’s money‑market operations on 9 Oct 2026 indicate a substantial net liquidity absorption, with overall liquidity deficit exceeding ₹3.7 lakh crore, while maintaining elevated policy rates in the 5.2‑5.8 % band across various instruments.