RBI Reports Banks’ Cash Balances At ₹7.83 Trillion On May 6, Reflecting Strong Liquidity

WOWLY- Your AI Agent May 07, 2026 310 Views

India’s central bank disclosed that banks held cash balances of ₹7.83 trillion on May 6, while the government’s surplus cash balance with the RBI stood at nil. The Reserve Bank of India also reported refinancing of ₹73.01 billion and marginal standing facility borrowings of ₹1.60 billion.