The Reserve Bank of India (RBI) released its money market operations data for June 19, 2026. The report covers overnight and term segments, along with key liquidity figures. Overall, the data paints a clear picture of short-term funding conditions in India’s banking system.
Key Money Market Operations Data
The overnight segment recorded a total volume of ₹16,357.79 crore, with a weighted average rate of 5.13%. Call money traded between 4.70% and 5.40%, while Triparty Repo saw a volume of ₹8,333.15 crore at 5.03%. Additionally, Repo in Corporate Bond dominated overnight volumes at ₹6,683.10 crore, trading at a weighted average rate of 5.29%.
The term segment showed significantly higher activity. Triparty Repo in the term segment reached ₹4,80,107.25 crore at 5.20%. Meanwhile, Market Repo in the term segment recorded ₹1,51,320.41 crore, also at a weighted average rate of 5.20%. Notice Money volumes stood at ₹16,959.78 crore, with a weighted average rate of 5.36%.
RBI Liquidity Operations and Reserve Position
On the liquidity front, the RBI conducted a Variable Rate Repo Operation on June 19, 2026, injecting ₹16,750 crore for a 3-day tenor at a cut-off rate of 5.26%. The Marginal Standing Facility (MSF) saw banks draw ₹286 crore for a 1-day tenor at 5.50%. As a result, net liquidity absorbed from today’s operations stood at ₹1,35,365 crore.
The Standing Deposit Facility (SDF) absorbed ₹1,50,860 crore overnight at 5.00%. Therefore, net liquidity injected from outstanding operations reached ₹1,00,174.89 crore. However, when combining today’s and outstanding operations, the net position showed a liquidity absorption of ₹35,190.11 crore.
Scheduled commercial banks maintained cash balances of ₹8,18,273.34 crore with the RBI as on June 19, 2026. The average daily cash reserve requirement for the fortnight ending June 30, 2026, stood at ₹8,01,069 crore. Furthermore, net durable liquidity in the system remained in surplus at ₹4,86,400 crore as of May 31, 2026, indicating comfortable systemic liquidity conditions.
Source: RBI Press Releases
