RBI Reports Banks’ Cash Balances at ₹7.43 Trillion

The Reserve Bank of India (RBI) released key liquidity data for February 23, 2026, highlighting the state of cash balances and borrowing activity in the banking system. According to the central bank, banks’ cash balances stood at ₹7.43 trillion, reflecting strong liquidity positioning.

The government’s surplus cash balance with RBI was nil, indicating no excess funds parked for auction on the given date. Meanwhile, the RBI reported refinance operations worth ₹59.18 billion, underscoring continued support for short-term liquidity management.

Additionally, Indian banks borrowed ₹9.84 billion via the Marginal Standing Facility (MSF), a window that allows banks to access emergency funds overnight. This borrowing reflects tactical liquidity adjustments by banks to meet short-term obligations.

Key Highlights

• Banks’ Cash Balances: ₹7.43 trillion (Feb 23, 2026)
• Government Surplus Cash Balance: Nil with RBI
• Refinance Operations: ₹59.18 billion
• MSF Borrowing: ₹9.84 billion by banks
• Implication: Liquidity remains stable, with tactical borrowing for short-term needs

Source: Reserve Bank of India (RBI) data, reported by Reuters on February 23, 2026.