SMAR Daily Industry News

RBI Money Market Operations Snapshot for Nov 6, 2026

On November 6, 2026, the Reserve Bank of India (RBI) released its money market operations data, showing a total overnight segment volume of ₹20,970.90 crore with a weighted average rate of 5.55 %. The overnight segment comprised call money (₹1,337.15 crore at 5.25 %), triparty repo (₹12,590.85 crore at 5.50 %), market repo (₹321.60 crore at 5.00 %), and repo in corporate bonds (₹6,721.30 crore at 5.74 %).

The term segment recorded a larger volume of ₹5,40,462.10 crore in triparty repo at a weighted average rate of 5.61 %, alongside notice money of ₹11,521.50 crore at 5.61 % and market repo of ₹1,95,715.86 crore at 5.62 %. No repo transactions were reported in corporate bonds for the term segment.

Liquidity adjustment operations on the same day included a three-day repo auction of ₹18,133.00 crore at a rate of 5.49 %, a marginal standing facility (MSF) injection of ₹6,873.00 crore at 5.75 %, and a standing deposit facility (SDF) injection of ₹2,01,856.00 crore at 5.25 %. The net liquidity impact from today's operations was a withdrawal of ₹2,13,730.00 crore.

Outstanding operations contributed a net liquidity injection of ₹10,306.87 crore, while the combined net liquidity position, including today's actions, showed an overall absorption of ₹2,03,423.13 crore. Scheduled commercial banks held cash balances with the RBI of ₹8,46,501.65 crore as of November 6, 2026, against an average daily cash reserve requirement of ₹8,16,655.00 crore for the fortnight ending November 15, 2026.

The Government of India reported no surplus cash balance for auction on the same date, and net durable liquidity stood at a surplus of ₹7,93,409.00 crore as of October 15, 2026.

Why it matters

The data reveals tightening liquidity in India's money markets, which can affect short-term borrowing costs for banks and corporates.

FAQ

What was the total volume of the overnight money market segment on November 6, 2026?
₹20,970.90 crore.

Which term-segment instrument had the highest volume?
Triparty repo with ₹5,40,462.10 crore.

What net liquidity change resulted from today's RBI operations?
A net withdrawal of ₹2,13,730.00 crore.

What were the cash balances of scheduled commercial banks with the RBI on that date?
₹8,46,501.65 crore.

Source: RBI Press Releases. See the original source for full details.