**Executive Summary**
This press release from the Reserve Bank of India (RBI), dated February 09, 2026, reports on money market operations as of February 08, 2026. It details overnight and term segment activity, RBI operations including Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF), and the reserve position of scheduled commercial banks. The release also specifies maturity dates and cut-off rates for various operations.
**Key Points / Main Content**
* **Money Market Operations (February 08, 2026):**
* Overnight and term segments show a volume of 0.00 for all the subcategories.
* **RBI Operations:**
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) Today's Operations**
* Repo Operation on Sun, 08/02/2026 has a tenor of 1 day with maturity on Mon, 09/02/2026 with an amount of 32.00 and Rate/Cut off of 5.50
* SDFA on Sun, 08/02/2026 has a tenor of 1 day with maturity on Mon, 09/02/2026 with an amount of 3,65,647.00 and Rate/Cut off of 5.00
* Net liquidity injected from today's operations [injection (+)/absorption (-)] = -3,65,615.00
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) Outstanding Operations**
* Repo Operation on Fri, 30/01/2026 has a tenor of 90 days with maturity on Thu, 30/04/2026 with an amount of 25,004.00 and Rate/Cut off of 5.34
* Repo Operation on Fri, 30/01/2026 has a tenor of 90 days with maturity on Thu, 30/04/2026 with an amount of 1,06,500.00 and Rate/Cut off of 5.26
* MSF on Sat, 07/02/2026 has a tenor of 2 days with maturity on Mon, 09/02/2026 with an amount of 0.00 and Rate/Cut off of 5.50
* MSF on Fri, 06/02/2026 has a tenor of 3 days with maturity on Mon, 09/02/2026 with an amount of 700.00 and Rate/Cut off of 5.50
* SDFA on Sat, 07/02/2026 has a tenor of 2 days with maturity on Mon, 09/02/2026 with an amount of 15,890.00 and Rate/Cut off of 5.00
* SDFA on Fri, 06/02/2026 has a tenor of 3 days with maturity on Mon, 09/02/2026 with an amount of 56,951.00 and Rate/Cut off of 5.00
* Standing Liquidity Facility (SLF) Availed from RBI: 9,031.48
* Net liquidity injected from outstanding operations [injection (+)/absorption (-)]: 68,394.48
* Net liquidity injected (outstanding including today's operations) [injection (+)/absorption (-)]: -2,97,220.52
* **Reserve Position:**
* Cash balances with RBI as on February 08, 2026: 7,54,182.58.
* Average daily cash reserve requirement for the fortnight ending February 15, 2026: 7,52,476.00
* Government of India Surplus Cash Balance Reckoned for Auction as on February 06, 2026: 0.00
* Net durable liquidity [surplus (+)/deficit (-)] as on January 15, 2026: 3,44,836.00
**Impact Analysis**
**Scheduled Commercial Banks:**
* **Impact:** Required to maintain cash reserves with RBI and manage liquidity based on the reported figures.
* **Action Required:** Monitor and adjust cash reserve positions to meet regulatory requirements and manage liquidity effectively.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank of India, regulates the money market operations.
Liquidity Adjustment Facility (LAF): A monetary policy instrument used by the RBI to manage liquidity in the market.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow funds overnight from the RBI.
Standing Deposit Facility (SDF): A tool used by the RBI to absorb liquidity from the banking system without any collateral.
Money Market Operations: Activities related to managing short-term liquidity in the financial system.
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)