Source: Reserve Bank of India · Press Release prid 63090 · issued 04 Jul 2026 · ~2 min read
Overnight rates averaged 4.88% on July 4, 2026, with total volume of ₹13,837 crore. RBI absorbed ₹1,79,583 crore net via SDF, signalling surplus liquidity. Banks held ₹8,07,768 crore in cash reserves, above the fortnightly requirement of ₹7,98,115 crore.
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Official RBI source: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=63090 — summary by BankPulse (bankpulse.ai).
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