The Reserve Bank of India released its money market operations data for July 30, 2026. The overnight segment recorded a total volume of ₹6,92,388.98 crore, with a weighted average rate of 5.24%. These figures reflect active liquidity conditions across India’s short-term money markets.
Key Details of RBI Money Market Operations
The overnight segment covered four key instruments. Call Money volumes stood at ₹13,812.42 crore, with a weighted average rate of 5.29%. Triparty Repo dominated activity at ₹4,79,902.60 crore, averaging 5.27%. Additionally, Market Repo contributed ₹1,92,009.51 crore at 5.16%, while Repo in Corporate Bonds added ₹6,664.45 crore at 5.32%.
The term segment also saw meaningful activity. Notice Money recorded ₹344.65 crore at 5.19%, and Term Money touched ₹475 crore. Meanwhile, Triparty Repo in the term segment reached ₹3,500 crore at a weighted average rate of 5.38%.
RBI Liquidity Adjustment and Reserve Position
On July 30, 2026, the RBI’s Marginal Standing Facility (MSF) absorbed ₹609 crore at 5.50%. The Standing Deposit Facility (SDF) absorbed a much larger ₹1,43,691 crore at 5.00%. As a result, net liquidity from today’s operations showed an absorption of ₹1,43,082 crore.
The Standing Liquidity Facility availed from RBI stood at ₹12,979.66 crore. Therefore, the net outstanding liquidity position reflected an injection of ₹12,979.66 crore. However, when combining today’s and outstanding operations, the overall net liquidity reflected an absorption of ₹1,30,102.34 crore.
On the reserve front, scheduled commercial banks maintained cash balances of ₹8,19,273.03 crore with the RBI as on July 30, 2026. The average daily cash reserve requirement for the fortnight ending July 31, 2026, was ₹8,15,720 crore. Net durable liquidity, as on June 30, 2026, remained in surplus at ₹4,99,485 crore.
What This Means for Banking Markets
The data shows the RBI continues to manage liquidity carefully through its key instruments. The high SDF absorption indicates surplus funds are being parked with the central bank. For example, this helps the RBI keep short-term rates aligned with its policy corridor. Overall, the RBI money market operations on July 30, 2026, signal a well-functioning but liquidity-absorbing environment.
Source: RBI Press Releases
