The Reserve Bank of India released its RBI money market operations data for June 27, 2026. The report shows that overnight market segments recorded zero activity on this date. However, significant liquidity movements were visible through the RBI’s own facilities.
Key Details of June 27 Operations
All overnight segments — including Call Money, Triparty Repo, Market Repo, and Repo in Corporate Bond — reported zero volume. Additionally, the Term Segment recorded no transactions across any of its sub-categories. As a result, money market activity on this day was entirely absent outside RBI-managed facilities.
On the RBI operations side, the Marginal Standing Facility (MSF) saw banks borrow ₹414 crore for a one-day tenor at 5.50%. Meanwhile, the Standing Deposit Facility (SDF) absorbed a substantial ₹1,23,550 crore overnight at 5.00%. A smaller SDF absorption of ₹345 crore also occurred for a two-day tenor.
Therefore, net liquidity from today’s operations stood at a net absorption of ₹1,23,481 crore. This reflects the RBI’s continued effort to manage surplus liquidity in the banking system.
RBI Money Market Liquidity Position
Outstanding variable rate repo operations remain active. For example, ₹16,800 crore injected on June 25 matures on June 30, while ₹1,41,171 crore injected on June 23 also matures on June 30. These operations carry a cut-off rate of 5.26%.
Additionally, the Standing Liquidity Facility (SLF) availed from the RBI totalled ₹10,754.89 crore. Net liquidity from outstanding operations reached ₹1,64,268.89 crore in injection terms. However, when combining today’s absorptions, the net outstanding liquidity figure adjusts to ₹40,787.89 crore injected overall.
On the reserve position front, scheduled commercial banks held cash balances of ₹8,08,812.10 crore with the RBI as on June 27. The average daily cash reserve requirement for the fortnight ending June 30 stands at ₹8,01,069 crore. Furthermore, net durable liquidity as on May 31, 2026, was a surplus of ₹4,86,400 crore.
What This Means for Banking Readers
The data confirms that the banking system currently holds comfortable liquidity above reserve requirements. The RBI continues to absorb excess funds through the SDF while keeping repo support available. Therefore, short-term interest rates are likely to stay anchored near policy corridor levels in the near term.
Source: RBI Press Releases
