RBI Skips 14-Day Main Operation—What’s Behind the Move?

The Reserve Bank of India (RBI) has decided not to conduct the scheduled 14-day main operation on Friday, June 13, 2025, for the upcoming fortnight. This unexpected move comes amid shifting liquidity conditions and changing monetary policy dynamics.

 

The central bank’s decision follows recent repo rate cuts and adjustments in liquidity management, signaling a cautious approach toward short-term fund absorption. Analysts suggest that surplus liquidity in the banking system may have influenced the RBI’s choice to pause the operation, ensuring stable money market conditions.

 

Market experts believe this could be a temporary measure, with the RBI likely to resume operations based on future liquidity assessments. The central bank has been actively managing liquidity through variable rate repo and reverse repo auctions, ensuring adequate cash flow in the financial system.

 

With bond yields stabilizing and inflation easing, the RBI’s move is seen as part of its broader strategy to maintain financial stability while supporting economic growth. Investors and banks will be watching closely for further updates on liquidity measures in the coming weeks.

 

Sources: RBI Press Release, Indian Express