Document title: Money Market Operations as on June 13, 2026
Issuing authority: Reserve Bank of India (RBI)
Reference number: Press Release 2026-2027/453
Date: June 15, 2026
Policy Rates and Liquidity
The RBI reported that on June 13, 2026 the Marginal Standing Facility (MSF) was available for a one‑day tenor at a rate of 5.50 %. A two‑day MSF operation on the same day also carried a rate of 5.50 % but with zero amount booked. The Standing Deposit Facility (SDF) was availed for a one‑day tenor with an amount of ₹1,61,987.00 crore at 5.00 % and for a two‑day tenor with zero amount at 5.00 %. Net liquidity injected from today’s operations amounted to a withdrawal (absorption) of ₹1,61,845.00 crore.
Banking and Credit
Cash reserves of scheduled commercial banks as on June 13, 2026 were ₹7,64,120.75 crore. The average daily cash reserve requirement for the fortnight ending June 15, 2026 was ₹7,90,713.00 crore. The Standing Liquidity Facility (SLF) availed from the RBI amounted to ₹10,504.79 crore. Outstanding SDF balances as of June 12, 2026 were ₹1,445.00 crore (rate 5.50 %) and ₹90.00 crore (rate 5.00 %). Outstanding MSF balance was zero at a rate of 5.50 %.
Financial Stability
Aggregating today’s and outstanding operations, the net liquidity injected (injection + absorption) was a net absorption of ₹1,74,022.21 crore. The Government of India’s surplus cash balance available for auction on June 12, 2026 was ₹2,65,955.00 crore, indicating a durable liquidity surplus.
The RBI’s money market operations on June 13, 2026 reflect a substantial net withdrawal of liquidity, zero activity in overnight and term money market segments, and a modest SDF injection, underscoring a tight liquidity stance while maintaining adequate cash reserves in the banking system.