RBI Data Shows Banks’ Cash Balances, Borrowings, and Government Surplus Position

The Reserve Bank of India (RBI) released key financial data for February 9, reflecting the liquidity position of banks and the government. The figures provide insights into cash balances, refinancing activity, and borrowing trends under the Marginal Standing Facility (MSF).

Key Highlights

• Banks’ Cash Balances: ₹7.25 billion recorded with the RBI.
• Government Surplus Cash Balance: Nil for auctions, indicating no excess funds parked with the RBI.
• Refinance Operations: ₹87.61 billion provided by the RBI to support liquidity.
• MSF Borrowings: Banks borrowed ₹7.12 billion via the Marginal Standing Facility.
• Liquidity Outlook: Data reflects balanced liquidity management between government and banking sector.

These figures underline the RBI’s role in maintaining liquidity stability and ensuring smooth functioning of India’s financial system. The borrowing under MSF indicates short-term funding needs, while refinancing highlights the central bank’s support for credit flow.

Sources: Reuters (RTRS), Reserve Bank of India updates, Economic Times Markets.