Money Market Operations as on July 20, 2026
RBI press-release 2026-2027/722 · 21 Jul 2026
Summary
Check the official recordWhat changed
The Reserve Bank of India has published the money market operations data for July 20, 2026. The overnight segment recorded a total volume of ₹6,70,648.83 crore with a weighted average rate of 5.26 percent. Liquidity adjustment operations for the day included a variable rate repo of ₹72,051.00 crore at 5.26 percent, Marginal Standing Facility of ₹623.00 crore at 5.50 percent, and Standing Deposit Facility of ₹1,53,619.00 crore at 5.00 percent. The net liquidity absorption from these operations amounted to ₹80,945.00 crore. Additionally, the cash balances of scheduled commercial banks with the RBI stood at ₹8,18,816.68 crore as of July 20, 2026.
Key dates
- Date of operations
- 20 Jul 2026
Who is affected
- Scheduled Commercial Banks
Document text
July 21, 2026 Money Market Operations as on July 20, 2026
(Amount in ₹ Crore, Rate in Per cent)
| MONEY MARKETS@ | Volume (One Leg) | Weighted Average Rate | Range |
|---|---|---|---|
| A. Overnight Segment (I+II+III+IV) | 6,70,648.83 | 5.26 | 0.01-5.60 |
| I. Call Money | 15,684.92 | 5.34 | 4.60-5.45 |
| II. Triparty Repo | 4,69,428.30 | 5.25 | 4.85-5.42 |
| III. Market Repo | 1,78,278.71 | 5.28 | 0.01-5.55 |
| IV. Repo in Corporate Bond | 7,256.90 | 5.42 | 5.40-5.60 |
| B. Term Segment | |||
| I. Notice Money** | 223.55 | 5.24 | 5.05-5.35 |
| II. Term Money@@ | 638.00 | - | 5.60-5.85 |
| III. Triparty Repo | 2,807.00 | 5.29 | 5.25-5.40 |
| IV. Market Repo | 95.76 | 5.60 | 5.60-5.60 |
| V. Repo in Corporate Bond | 0.00 | - | - |
| RBI OPERATIONS@ | Auction Date | Tenor (Days) | Maturity Date | Amount | Current Rate/Cut off Rate |
|---|---|---|---|---|---|
| C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) | |||||
| I Today's Operations | |||||
| 1. Fixed Rate | |||||
| 2. Variable Rate& | |||||
| (a) Repo Operation | Mon, 20/07/2026 | 7 | Mon, 27/07/2026 | 72,051.00 | 5.26 |
| (b) Reverse Repo Operation | |||||
| 3. MSF# | Mon, 20/07/2026 | 1 | Tue, 21/07/2026 | 623.00 | 5.50 |
| 4. SDFΔ# | Mon, 20/07/2026 | 1 | Tue, 21/07/2026 | 1,53,619.00 | 5.00 |
| 5. Net liquidity injected from today's operations [injection (+)/absorption (-)]* | -80,945.00 | ||||
| II Outstanding Operations | |||||
| 1. Fixed Rate | |||||
| 2. Variable Rate& | |||||
| (a) Repo Operation | |||||
| (b) Reverse Repo Operation | |||||
| 3. MSF# | |||||
| 4. SDFΔ# | |||||
| D. Standing Liquidity Facility (SLF) Availed from RBI$ | 11,348.82 | ||||
| E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]* | 11,348.82 | ||||
| F. Net liquidity injected (outstanding including today's operations) [injection (+)/absorption (-)]* | -69,596.18 |
ᮧेस ᮧकाशनी PRESS RELEASE
भारतीय ᳯरज़वर् बᱹक RESERVE BANK OF INDIA वेबसाइट : www.rbi.org.in/hindi संचार िवभाग, कᱶᮤीय कायार्लय, शहीद भगत ᳲसंह मागर्, फोटर्, मुंबई - 400 001 Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort, ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
| RESERVE POSITION@ | Date | Amount |
|---|---|---|
| G. Cash Reserves Position of Scheduled Commercial Banks | ||
| (i) Cash balances with RBI as on | July 20, 2026 | 8,18,816.68 |
| (ii) Average daily cash reserve requirement for the fortnight ending^ | July 31, 2026 | 8,15,720.00 |
| H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ | July 20, 2026 | 72,051.00 |
| I. Net durable liquidity [surplus (+)/deficit (-)] as on | June 30, 2026 | 4,99,485.00 |
@ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL). − Not Applicable / No Transaction. ** Relates to uncollateralized transactions of 2 to 14 days tenor. @@ Relates to uncollateralized transactions of 15 days to one year tenor. $ Includes refinance facilities extended by RBI. & As per the Press Release No. 2025-2026/1201 dated September 30, 2025. Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
- Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF. ¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
^ As per the notification No. RBI/2025-26/148 DOR.RET.REC.354/12.01.001/2025-26 dated December 11, 2025.
Ajit Prasad Press Release: 2026-2027/722 Deputy General Manager (Communications)
Source details
- Source
- Reserve Bank of India
- Type
- press-release
- Published by source
- 21 Jul 2026
- Document number
- 2026-2027/722
- Issuing division
- Department of Communication
- Coverage area
- banking