Document title: Money Market Operations as on October 29, 2026

Issuing authority: Reserve Bank of India

Reference number: Press Release 2026-2027/1407

Date: October 30, 2026

Policy Rates and Liquidity

The RBI conducted its Marginal Standing Facility (MSF) on 29 Oct 2026 for a one‑day tenor, maturing on 30 Oct 2026, with an amount of ₹9,205.00 crore at a rate of 5.75 %. The Standing Deposit Facility (SDF) was also operated on the same day for a one‑day tenor, maturing on 30 Oct 2026, with ₹1,74,418.00 crore at a rate of 5.25 %. Net liquidity injected from today’s operations was a negative ₹1,65,213.00 crore, indicating overall liquidity absorption.

Banking and Credit

Cash balances of scheduled commercial banks with the RBI stood at ₹8,48,900.27 crore as of 29 Oct 2026. The average daily cash reserve requirement for the fortnight ending 31 Oct 2026 was ₹8,33,309.00 crore. The Government of India’s surplus cash balance for auction was zero, and net durable liquidity as of 30 Sep 2026 was a surplus of ₹10,14,401.00 crore.

Capital Markets and Flows

In the overnight segment (I+II+III+IV), total volume reached ₹7,37,187.01 crore with a weighted average rate of 5.51 % (range 4.00‑5.95 %). Breakdown: Call Money volume ₹15,643.06 crore at 5.58 % (range 4.30‑5.80 %); Triparty Repo volume ₹5,21,375.15 crore at 5.50 % (range 5.00‑5.61 %); Market Repo volume ₹1,93,792.00 crore at 5.55 % (range 4.00‑5.70 %); Repo in Corporate Bond volume ₹6,376.80 crore at 5.72 % (range 5.00‑5.95 %).

In the term segment, Notice Money volume was ₹186.00 crore at 5.37 % (range 5.15‑5.61 %). Term Money volume was ₹783.00 crore with no rate disclosed (range 5.60‑6.17 %). Triparty Repo volume was ₹5,545.00 crore at 5.50 % (range 5.50‑5.52 %). Market Repo volume was ₹544.73 crore at 5.75 % (range 5.00‑6.00 %). Repo in Corporate Bond volume was ₹700.00 crore at a rate of 7.90 % (range 7.90‑7.90 %).

Financial Stability

Outstanding operations included a repo operation on 26 Oct 2026 (tenor 4 days, maturing 30 Oct 2026) of ₹1,50,007.00 crore at 5.55 % and a reverse repo operation under MSF on 8 Oct 2026 (tenor 29 days, maturing 6 Nov 2026) of ₹25,555.00 crore at 5.49 %. The Standing Liquidity Facility availed from the RBI amounted to ₹10,306.87 crore. Net liquidity injected from outstanding operations was ₹1,34,758.87 crore, while the combined net liquidity from outstanding and today’s operations was a negative ₹30,454.13 crore, indicating overall liquidity absorption.

Overall, the RBI’s money market operations on 29 Oct 2026 show substantial overnight volumes, modest rate differentials, and a net absorption of liquidity across the system.