Explained on 26 October 2026. This is an educational answer drawn from the dated article below; examples are hypothetical unless a specific source observation is identified.
How it works
Think of repeated short borrowing as a schedule of cash arriving and leaving. A large volume of rolling transactions can coexist with a much smaller outstanding balance. The same caution applies when notifications and actual allotments differ: adding advertisements is not a reliable substitute for measuring accepted funding.
A simple example
In an illustrative sequence, ₹40,000 crore is outstanding, ₹40,000 crore reverses and ₹60,000 crore is newly allotted. The closing balance from those operations is ₹60,000 crore. Gross new and old amounts of ₹1 lakh crore are not simultaneously outstanding.
What to check
- Use a single observation date.
- Record actual inflows and reversals separately.
- Name gross volume and outstanding balance correctly.
Read the full event and evidence
RBI’s ₹1.5 Lakh Crore Four-Day Repo: A Liquidity Bridge, Not a Rate Cut explains the original event, its dates and the supporting documents. Event context: 23 October announcement for 26 October 2026.