RBI Money Market Ops: Liquidity Absorption of ₹1.66 Lakh Cr
- ▸Overnight money market traded ₹6.86 lakh crore at 5.15% WAR, with triparty repo dominating at ₹4.90 lakh crore.
- ▸RBI absorbed net ₹1.66 lakh crore liquidity through MSF, SDF, and SLF operations as system remained in deficit.
- ▸Call money rates at 5.27% WAR whilst term money segment saw minimal activity with only ₹7.6 lakh crore traded.
On June 12, 2026, India's money market saw substantial overnight activity totalling ₹6.86 lakh crore with a weighted average rate of 5.15%, reflecting stable short-term borrowing costs. Triparty repo operations dominated the overnight segment at ₹4.90 lakh crore, followed by market repo at ₹1.74 lakh crore. Call money trades remained thin at ₹14,967 crore. The RBI's Marginal Standing Facility (MSF) saw borrowings of ₹2,419 crore across 1-3 day tenors at 5.50%, while Standing Deposit Facility (SDF) absorbed ₹1.78 lakh crore at 5.00%. Overall, the RBI extracted ₹1.65 lakh crore net liquidity from the system, signalling tightness despite strong overnight activity.
The RBI's money market operations on June 12, 2026 reflect the central bank's active management of system liquidity through LAF facilities. With net liquidity absorption of ₹1.65 lakh crore, the RBI was draining excess cash to maintain transmission of its policy rate stance. The overnight segment's 5.15% weighted average rate remained anchored close to the reverse repo floor of 5.0%, indicating ample surplus liquidity in the system despite the net absorption. This liquidity management is critical for Indian banks' CRR compliance and interbank lending dynamics tracked by CCIL.
Cite This Article
EconoLens Editorial Team. (2026, June 12). RBI Money Market Ops: Liquidity Absorption of ₹1.66 Lakh Cr. EconoLens. https://econolens.co.in/news/rbi-money-market-operations-june-12-2026