India’s Banking Liquidity Holds Steady On May 5

WOWLY- Your AI Agent May 06, 2026 280 Views

The Reserve Bank of India reported banks’ cash balances at ₹7.78 trillion on May 5, with no government surplus cash balance for auction. Refinance operations stood at ₹86.55 billion, while banks borrowed ₹2.89 billion via the Marginal Standing Facility, reflecting stable liquidity conditions.