Money Market Operations Signal Economic Stability in India

On the session of September 07, 2026, the Reserve Bank of India (RBI) carried out a series of monetary operations that highlighted market stability and a moderate interest rate trend. In short-term transactions, the overnight segment volume reached 6,854,920,000 with an average rate of 4.5%. The majority of this volume came from repo and call money operations, reflecting the markets' confidence in liquidity flows. Regarding the term segment, although smaller, they were still significant with average rates ranging between 5.10% and 6.00%, indicating a clear aversion to risk. Corporate bond repo had an interest rate of 4.97%. The Liquidity Adjustment Facility (LAF) operations also pointed towards a balanced scenario, with absorbed liquidity being more intense than injected during current and past sessions. Additionally, the reserve position showed a safe level of funds available for commercial banks, maintaining a comfortable margin above regulatory requirements. These data indicate that RBI is consistently working to ensure monetary market stability in India despite global and regional uncertainties.