Big RBI Move! ₹1.5 Lakh Crore Liquidity Surplus & Cheaper Loans | 78 bps Rate Drop

The Reserve Bank of India has highlighted strong liquidity conditions in the financial system, with ₹1.5 lakh crore surplus under the LAF since the last MPC meeting. Money market rates continue to align with the repo rate at 5.5%, and G-Sec yields have remained stable. Following the cumulative 100 bps repo rate cut, lending rates have dropped significantly, with fresh loan rates falling 69–78 bps and outstanding loans easing by 63 bps, signaling broad-based transmission. On the deposit side, fresh term deposit rates are down by 105 bps. To support liquidity further, RBI will execute ₹1 lakh crore OMO purchases this month and conduct three-year dollar-rupee buy-sell swaps, reinforcing its commitment to stable liquidity and financial market efficiency.