RBI Data Shows Banks’ Cash Balances at ₹7.66 Trillion; Govt Surplus Nil on Feb 3

The Reserve Bank of India (RBI) released key liquidity data for February 3, 2026, highlighting the state of cash balances and borrowing activity in the banking system. According to the central bank, banks held cash balances of ₹7.66 trillion, underscoring strong liquidity reserves.

Meanwhile, the government’s surplus cash balance with the RBI was nil, indicating no excess funds available for auction. The RBI also reported refinance operations worth ₹109.25 billion, supporting short-term liquidity needs. Additionally, Indian banks borrowed ₹6.36 billion via the Marginal Standing Facility (MSF), a window used to meet overnight liquidity mismatches.

Analysts note that these figures reflect the RBI’s active liquidity management amid evolving market conditions, ensuring stability in the financial system.

Key Highlights

• Banks’ Cash Balances: ₹7.66 trillion as of Feb 3.
• Govt Surplus Balance: Nil with RBI for auction.
• Refinance Operations: ₹109.25 billion.
• MSF Borrowing: ₹6.36 billion by banks.
• Liquidity Context: Reflects RBI’s balancing of reserves and short-term funding.

Sources: Reuters, Reserve Bank of India