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Money Market Operations, 6.35L Crore, April 16, 2026

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Summary

The Reserve Bank of India published daily money market operations data as of April 16, 2026, showing overnight segment volume of ₹6,35,137.81 crore at a weighted average rate of 4.79 per cent. The release also details standing facility operations including SDF absorption of ₹2,95,709 crore at 5.00 per cent and cash reserve position of scheduled commercial banks.

Published by RBI on rbi.org.in . Detected, standardized, and enriched by GovPing. Review our methodology and editorial standards .

What changed

The Reserve Bank of India released its daily money market operations report for April 16, 2026, presenting statistical data on money market volumes and weighted average rates across overnight and term segments. The overnight segment totalled ₹6,35,137.81 crore with rates ranging from 2.00 to 6.05 per cent. Today's SDF operations absorbed ₹2,95,709 crore while reverse repo absorbed ₹2,00,041 crore, with net liquidity absorption of ₹2,95,550 crore from today's operations.

For compliance and treasury teams at scheduled commercial banks, this routine data release provides benchmark reference for money market rates and visibility into RBI's liquidity management stance. The net durable liquidity stood at ₹5,06,806 crore as of March 31, 2026, with scheduled banks holding cash balances of ₹8,39,228.85 crore against the fortnightly average reserve requirement of ₹8,07,359 crore.

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Apr 18, 2026

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Press Releases

| () |
| Date : Apr 17, 2026 |
| Money Market Operations as on April 16, 2026 |

| (Amount in ₹ crore, Rate in Per cent) |

| Money Markets @ | Volume
(One Leg) | Weighted
Average Rate | Range |
| --- | --- | --- | --- |
| A. Overnight Segment (I+II+III+IV) | 6,35,137.81 | 4.79 | 2.00-6.05 |
| I. Call Money | 20,514.62 | 5.09 | 4.20-5.15 |
| II. Triparty Repo | 4,38,246.95 | 4.78 | 4.65-5.00 |
| III. Market Repo | 1,69,033.99 | 4.77 | 2.00-5.85 |
| IV. Repo in Corporate Bond | 7,342.25 | 5.27 | 5.00-6.05 |
| B. Term Segment |
| I. Notice Money ****** | 227.80 | 5.08 | 4.85-5.15 |
| II. Term Money @@ | 1,039.00 | - | 5.50-6.08 |
| III. Triparty Repo | 2,297.50 | 4.97 | 4.85-5.00 |
| IV. Market Repo | 1,620.00 | 5.06 | 5.00-5.25 |
| 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 |
| (b) Reverse Repo Operation |
| 3. MSF # | Thu, 16/04/2026 | 1 | Fri, 17/04/2026 | 159.00 | 5.50 |
| 4. SDF Δ# | Thu, 16/04/2026 | 1 | Fri, 17/04/2026 | 2,95,709.00 | 5.00 |
| 5. Net liquidity injected from today's operations [injection (+)/absorption (-)]* | -2,95,550.00 | |
| II. Outstanding Operations |
| 1. Fixed Rate |
| 2. Variable Rate & |
| (a) Repo Operation | Fri, 30/01/2026 | 90~ | Thu, 30/04/2026 | 10,479.00 | 5.34 |
| Fri, 30/01/2026 | 90~~ | Thu, 30/04/2026 | 67,285.00 | 5.26 | |
| (b) Reverse Repo Operation | Fri, 10/04/2026 | 7 | Fri, 17/04/2026 | 2,00,041.00 | 5.24 |
| 3. MSF # |
| 4. SDF Δ# |
| D. Standing Liquidity Facility (SLF) Availed from RBI $ | 8,333.14 | |
| E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]* | -1,13,943.86 | |
| F. Net liquidity injected (outstanding including today's **** operations) [injection (+)/absorption (-)]* | -4,09,493.86 | |

| Reserve Position @ | Date | Amount | |
| --- | --- | --- | |
| G. Cash Reserves Position of Scheduled Commercial Banks |
| (i) Cash balances with RBI as on | April 16, 2026 | 8,39,228.85 | |
| (ii) Average daily cash reserve requirement for the fortnight ending^ | April 30, 2026 | 8,07,359.00 | |
| H. Government of India Surplus Cash Balance Reckoned for Auction as on ¥ | April 16, 2026 | 0.00 | |
| I. Net durable liquidity [surplus (+)/deficit (-)] as on | March 31, 2026 | 5,06,806.00 | |
@ 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.

~ As per the Press Release No 2025-2026/1998 dated January 27, 2026.

~~ As per the Press Release No 2025-2026/2015 dated January 30, 2026.

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
Deputy General Manager
(Communications)

Press Release: 2026-2027/94 | (Amount in ₹ crore, Rate in Per cent) | Money Markets @ | Volume
(One Leg) | Weighted
Average Rate | Range | A. Overnight Segment (I+II+III+IV) | 6,35,137.81 | 4.79 | 2.00-6.05 | I. Call Money | 20,514.62 | 5.09 | 4.20-5.15 | II. Triparty Repo | 4,38,246.95 | 4.78 | 4.65-5.00 | III. Market Repo | 1,69,033.99 | 4.77 | 2.00-5.85 | IV. Repo in Corporate Bond | 7,342.25 | 5.27 | 5.00-6.05 | B. Term Segment | I. Notice Money ****** | 227.80 | 5.08 | 4.85-5.15 | II. Term Money @@ | 1,039.00 | - | 5.50-6.08 | III. Triparty Repo | 2,297.50 | 4.97 | 4.85-5.00 | IV. Market Repo | 1,620.00 | 5.06 | 5.00-5.25 | 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 | (b) Reverse Repo Operation | 3. MSF # | Thu, 16/04/2026 | 1 | Fri, 17/04/2026 | 159.00 | 5.50 | 4. SDF Δ# | Thu, 16/04/2026 | 1 | Fri, 17/04/2026 | 2,95,709.00 | 5.00 | 5. Net liquidity injected from today's operations [injection (+)/absorption (-)]* | -2,95,550.00 | | II. Outstanding Operations | 1. Fixed Rate | 2. Variable Rate & | (a) Repo Operation | Fri, 30/01/2026 | 90~ | Thu, 30/04/2026 | 10,479.00 | 5.34 | Fri, 30/01/2026 | 90~~ | Thu, 30/04/2026 | 67,285.00 | 5.26 | (b) Reverse Repo Operation | Fri, 10/04/2026 | 7 | Fri, 17/04/2026 | 2,00,041.00 | 5.24 | 3. MSF # | 4. SDF Δ# | D. Standing Liquidity Facility (SLF) Availed from RBI $ | 8,333.14 | | E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]* | -1,13,943.86 | | F. Net liquidity injected (outstanding including today's **** operations) [injection (+)/absorption (-)]* | -4,09,493.86 | | Reserve Position @ | Date | Amount | G. Cash Reserves Position of Scheduled Commercial Banks | (i) Cash balances with RBI as on | April 16, 2026 | 8,39,228.85 | (ii) Average daily cash reserve requirement for the fortnight ending^ | April 30, 2026 | 8,07,359.00 | H. Government of India Surplus Cash Balance Reckoned for Auction as on ¥ | April 16, 2026 | 0.00 | I. Net durable liquidity [surplus (+)/deficit (-)] as on | March 31, 2026 | 5,06,806.00 |

| (Amount in ₹ crore, Rate in Per cent) |

| Money Markets @ | Volume
(One Leg) | Weighted
Average Rate | Range |
| I. Call Money | 20,514.62 | 5.09 | 4.20-5.15 |
| B. Term Segment |
| II. Term Money @@ | 1,039.00 | - | 5.50-6.08 |
| IV. Market Repo | 1,620.00 | 5.06 | 5.00-5.25 |
| V. Repo in Corporate Bond | 0.00 | - | - |
Cut off Rate |
| I. Today's Operations |
| 1. Fixed Rate |
| 2. Variable Rate & |
| (a) Repo Operation |
| (b) Reverse Repo Operation |
| 5. Net liquidity injected from today's operations [injection (+)/absorption (-)]* | -2,95,550.00 |
| II. Outstanding Operations |
| 1. Fixed Rate |
| 2. Variable Rate & |
| Fri, 30/01/2026 | 90~~ | Thu, 30/04/2026 | 67,285.00 | 5.26 |
| 3. MSF # |
| 4. SDF Δ# |
| D. Standing Liquidity Facility (SLF) Availed from RBI $ | 8,333.14 |
| E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]* | -1,13,943.86 |
| F. Net liquidity injected (outstanding including today's **** operations) [injection (+)/absorption (-)]* | -4,09,493.86 |
| Reserve Position @ | Date | Amount |
| (i) Cash balances with RBI as on | April 16, 2026 | 8,39,228.85 |
| (ii) Average daily cash reserve requirement for the fortnight ending^ | April 30, 2026 | 8,07,359.00 |
| H. Government of India Surplus Cash Balance Reckoned for Auction as on ¥ | April 16, 2026 | 0.00 |
| I. Net durable liquidity [surplus (+)/deficit (-)] as on | March 31, 2026 | 5,06,806.00 |

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Last updated

Classification

Agency
RBI
Published
April 17th, 2026
Instrument
Notice
Legal weight
Non-binding
Stage
Final
Change scope
Minor
Document ID
Press Release: 2026-2027/94

Who this affects

Applies to
Banks
Industry sector
5221 Commercial Banking
Activity scope
Money market operations Liquidity management Reserve requirements
Geographic scope
IN IN

Taxonomy

Primary area
Banking
Operational domain
Finance
Topics
Financial Services Securities

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