**Executive Summary**
This is a press release by the Reserve Bank of India (RBI) dated February 9, 2026, regarding money market operations as of February 8, 2026. It details overnight and term segment activities, RBI operations (LAF, MSF, SDF), and cash reserve positions of scheduled commercial banks. Key data includes volumes, weighted average rates, auction dates, and maturity dates.
**Key Points / Main Content**
* **Money Market Segments:**
* Overnight Segment: Includes Call Money, Triparty Repo, Market Repo, and Repo in Corporate Bond. Volume for all categories is 0.00.
* Term Segment: Includes Notice Money, Term Money, Triparty Repo, Market Repo, and Repo in Corporate Bond. Volume for all categories is 0.00.
* **RBI Operations:**
* Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF).
* Today's Operations:
* MSF: Auction date 08/02/2026, Tenor 1 day, Maturity 09/02/2026, Amount 32.00, Rate 5.50%.
* SDF: Auction date 08/02/2026, Tenor 1 day, Maturity 09/02/2026, Amount 3,65,647.00, Rate 5.00%.
* Net liquidity injected from today’s operations is -3,65,615.00.
* Outstanding Operations:
* Repo Operation: Auction date 30/01/2026, Tenor 90 days, Maturity 30/04/2026, Amount 25,004.00 and 1,06,500.00, Rate 5.34% and 5.26% respectively.
* MSF: Auction date 07/02/2026 and 06/02/2026, Tenor 2 and 3 days, Maturity 09/02/2026, Amount 0.00 and 700.00, Rate 5.50% respectively.
* SDF: Auction date 07/02/2026 and 06/02/2026, Tenor 2 and 3 days, Maturity 09/02/2026, Amount 15,890.00 and 56,951.00, Rate 5.00% respectively.
* Standing Liquidity Facility (SLF) Availed from RBI: 9,031.48.
* Net liquidity injected from outstanding operations: 68,394.48.
* Net liquidity injected (outstanding including today's operations): -2,97,220.52.
* **Reserve Position:**
* Cash Reserves Position of Scheduled Commercial Banks as on 08/02/2026: 7,54,182.58.
* Average daily cash reserve requirement for the fortnight ending 15/02/2026: 7,52,476.00.
* Government of India Surplus Cash Balance as on 06/02/2026: 0.00.
* Net durable liquidity as on 15/01/2026: 3,44,836.00.
**Impact Analysis**
**Stakeholder: Scheduled Commercial Banks**
* **Impact:** Affected by the cash reserve requirements and liquidity management measures outlined in the release.
* **Action Required:** Need to adjust their operations to comply with the RBI's liquidity requirements and utilize available facilities (LAF, MSF, SDF) as needed.
Key Entities Referenced
Reserve Bank of India: Central bank of India, regulator of the country's banking system, and issuer of currency.
Liquidity Adjustment Facility (LAF): Tool used by the Reserve Bank of India to manage liquidity in the money market.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow overnight funds from the Reserve Bank of India against their excess Statutory Liquidity Ratio (SLR) securities.
Standing Deposit Facility (SDF): A monetary policy tool that allows the Reserve Bank of India to absorb liquidity from commercial banks without requiring any collateral.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट
:
www.rbi.org.in/hindi
संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 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
February 09, 2026
Money Market Operations as on February 08, 2026
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 0.00 - -
I. Call Money 0.00 - -
II. Triparty Repo 0.00 - -
III. Market Repo 0.00 - -
IV. Repo in Corporate Bond 0.00 - -
B. Term Segment
I. Notice Money** 0.00 - -
II. Term Money@@ 0.00 - -
III. Triparty Repo 0.00 - -
IV. Market Repo 0.00 - -
V. Repo in Corporate Bond 0.00 - -
RBI OPERATIONS@ Auction Tenor Maturity Amount Current
Date (Days) Date 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# Sun, 08/02/2026 1 Mon, 09/02/2026 32.00 5.50
4. SDFΔ# Sun, 08/02/2026 1 Mon, 09/02/2026 3,65,647.00 5.00
5. Net liquidity injected from today's
-3,65,615.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(a) Repo Operation Fri, 30/01/2026 90~ Thu, 30/04/2026 25,004.00 5.34
Fri, 30/01/2026 90~~ Thu, 30/04/2026 1,06,500.00 5.26
(b) Reverse Repo Operation
3. MSF# Sat, 07/02/2026 2 Mon, 09/02/2026 0.00 5.50
Fri, 06/02/2026 3 Mon, 09/02/2026 700.00 5.50
4. SDFΔ# Sat, 07/02/2026 2 Mon, 09/02/2026 15,890.00 5.00
Fri, 06/02/2026 3 Mon, 09/02/2026 56,951.00 5.00
D. Standing Liquidity Facility (SLF) Availed from RBI$ 9,031.48
E. Net liquidity injected from outstanding operations [injection
68,394.48
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-2,97,220.52
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on February 08, 2026 7,54,182.58
(ii) Average daily cash reserve requirement for the fortnight ending^ February 15, 2026 7,52,476.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ February 06, 2026 0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on January 15, 2026 3,44,836.00
@ 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
Press Release: 2025-2026/2072 Deputy General Manager
(Communications)