Reserve Bank of India Absorbs ₹13,453 Crore in Net Liquidity
The Reserve Bank of India reported a net liquidity absorption of ₹13,453.13 crore for October 28, 2026, driven by standing deposit facility operations.
The Reserve Bank of India reported a net liquidity absorption of ₹13,453.13 crore for October 28, 2026. This result followed current-day operations that absorbed ₹146,312 crore net, which was largely offset by earlier operations that supplied a net ₹132,858.87 crore.
To manage this liquidity, the central bank absorbed ₹146,807 crore through its one-day Standing Deposit Facility at a rate of 5.25%. Conversely, ₹495 crore was drawn via the one-day Marginal Standing Facility at 5.75%.
Overnight money-market trading reached ₹727,784.70 crore with a weighted average rate of 5.59%, a volume dominated by triparty repo transactions. As of October 28, scheduled commercial banks held cash balances of ₹847,924.39 crore with the central bank, exceeding the daily-average cash reserve requirement of ₹833,309 crore for the fortnight ending October 31.