Banking and RBI
RBI liquidity operations: large daily absorption through the SDF
10 April 2026 | Reserve Bank of India, Weekly Statistical Supplement
The RBI's Weekly Statistical Supplement of 10 April 2026 shows daily liquidity operations from 30 March to 5 April 2026. On each day the RBI absorbed liquidity net, mainly through the Standing Deposit Facility (SDF).
For example, SDF absorption was Rs 5,89,115 crore on 31 March and Rs 4,08,893 crore on 3 April. Net absorption on 31 March was Rs 5,85,965 crore and on 3 April Rs 4,01,865 crore. MSF borrowing by banks was small, between Rs 338 crore and Rs 7,028 crore a day.
Key facts- Source: RBI Weekly Statistical Supplement, 10 April 2026
- SDF absorption: Rs 5,89,115 crore (31 March); Rs 4,08,893 crore (3 April)
- Net absorption: Rs 5,85,965 crore (31 March)
- MSF use on 3 April: Rs 7,028 crore
Exam takeaway: A net absorption means banks parked more funds with the RBI than they borrowed.
Quick revision: Early April 2026: RBI absorbed Rs 4 to 6 lakh crore daily via SDF.
Reserve Bank of India, Weekly Statistical Supplement original sourceEconomy and Finance
Cabinet raises HPCL Rajasthan Refinery cost to Rs 79,459 crore
8 April 2026 (carried forward) | Press Information Bureau (CCEA decision)
Carried forward from 8 April 2026: the Cabinet Committee on Economic Affairs, chaired by the Prime Minister, approved a revision of the HPCL Rajasthan Refinery Limited (HRRL) project cost from Rs 43,129 crore to Rs 79,459 crore, and an additional equity investment of Rs 8,962 crore by Hindustan Petroleum Corporation Limited (HPCL).
HPCL's total equity investment after the increase will be Rs 19,600 crore. HRRL, at Pachpadra in Balotra district, Rajasthan, is a joint venture of HPCL and the Government of Rajasthan. The Hindu described the cost increase as 84 per cent.
Key facts- Project: HPCL Rajasthan Refinery Limited (HRRL), Pachpadra, Balotra, Rajasthan
- Cost: Rs 43,129 crore revised to Rs 79,459 crore
- Extra HPCL equity: Rs 8,962 crore; total Rs 19,600 crore
- Approving body: Cabinet Committee on Economic Affairs
Exam takeaway: HRRL is a joint venture of HPCL and the Government of Rajasthan.
Quick revision: HRRL cost revised to Rs 79,459 crore; HPCL equity Rs 19,600 crore.
Press Information Bureau (CCEA decision) original sourceGovernment Schemes
52 new applications approved under PLI Scheme for Textiles, Round III
10 April 2026 | Press Information Bureau (Ministry of Textiles)
The government approved 52 new applications under Round III of the Production Linked Incentive (PLI) Scheme for Textiles, PIB said on 10 April 2026. Of these, 5 are for MMF apparel, 19 for MMF fabrics, 18 for technical textiles and 10 for multiple segments.
The 52 applicants have committed an investment of Rs 6,708 crore, with expected turnover of Rs 21,186 crore. PIB said participating companies reported investment of Rs 944.48 crore, turnover of Rs 4,473 crore and exports of Rs 363.55 crore in three quarters of FY 2025-26.
Key facts- Scheme: PLI Scheme for Textiles, Round III
- Applications approved: 52 (5 MMF apparel, 19 MMF fabrics, 18 technical textiles, 10 multiple)
- Committed investment: Rs 6,708 crore
- Expected turnover: Rs 21,186 crore
Exam takeaway: MMF stands for man-made fibre.
Quick revision: Textiles PLI Round III: 52 applications, Rs 6,708 crore investment.
Press Information Bureau (Ministry of Textiles) original source