AnyTime News 
RBI Drains Liquidity: ₹5.24 Lakh Crore Absorbed via SDF, Tight Conditions Persist
Pooja Srivastava, Anytime News Network
According to data released by the Reserve Bank of India, India’s money market witnessed robust activity on April 6, 2026, with total overnight transactions reaching ₹6.25 lakh crore at a weighted average rate of 4.79%. The triparty repo segment dominated trading with over ₹4.13 lakh crore, followed by market repo and call money segments.
Corporate bond repo activity remained relatively smaller at ₹5,379 crore but recorded higher rates of around 5.61%, indicating tighter credit conditions in that segment. Term money market activity was limited, reflecting cautious participation by financial institutions.
On the liquidity front, RBI absorbed a massive ₹5.24 lakh crore through the Standing Deposit Facility (SDF), while only ₹150 crore was injected via the Marginal Standing Facility (MSF). This highlights the central bank’s intent to manage excess liquidity in the system.
The net liquidity for the day stood at a negative ₹5.24 lakh crore, indicating strong absorption. Even after accounting for outstanding operations, the net liquidity remained negative at ₹3.95 lakh crore.
Experts believe these trends reflect RBI’s calibrated approach to maintain financial stability while keeping inflationary pressures under control.
