The Reserve Bank of India (RBI) absorbed net liquidity of Rs 70,888.18 crore from the banking system as of July 17, 2026, according to its latest Money Market Operations data released today. The central bank’s liquidity adjustment operations showed a net absorption of Rs 81,672 crore during the day’s operations, while outstanding liquidity injection stood at Rs 10,783.82 crore, resulting in an overall net liquidity absorption of Rs 70,888.18 crore. During the day, the RBI conducted a 3-day Variable Rate Repo (VRR) operation, injecting Rs 75,003 crore at a cut-off rate of 5.26 per cent. Banks also parked Rs 152,120 crore under the Standing Deposit Facility (SDF) at 5.00 per cent, reflecting surplus liquidity in parts of the banking system.