**Executive Summary:**
This press release from the Reserve Bank of India (RBI), dated August 11, 2025, reports on money market operations as of August 08, 2025. It details volumes, weighted average rates, and ranges for various overnight and term segments, including call money, repo, and liquidity adjustment facilities. The release also covers cash reserve positions of scheduled commercial banks and net liquidity injections/absorption.
**Key Points / Main Content:**
* **Money Market Operations (August 08, 2025):**
* **Overnight Segment:** Total volume of ₹6,25,585.87 Crore with a weighted average rate of 5.42%.
* Call Money: ₹14,810.72 Crore at 5.55%.
* Triparty Repo: ₹3,92,741.05 Crore at 5.47%.
* Market Repo: ₹2,14,455.05 Crore at 5.32%.
* Repo in Corporate Bond: ₹3,579.05 Crore at 5.71%.
* **Term Segment:**
* Notice Money: ₹185.50 Crore at 5.45%.
* Term Money: ₹324.00 Crore at 5.40%.
* Triparty Repo: ₹2,812.00 Crore at 5.41%.
* Market Repo: ₹850.00 Crore at 5.67%.
* Repo in Corporate Bond: ₹0.00.
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF) Operations (August 08, 2025):**
* **Fixed Rate:**
* Repo: ₹13,045.00 Crore at 5.49% (Maturity: August 11, 2025).
* Repo: ₹1,46,044.00 Crore at 5.49% (Maturity: August 14, 2025).
* **MSF:** ₹3,452.00 Crore at 5.75% (Maturity: August 09, 2025), ₹0.00 at 5.75% (Maturity: August 10, 2025), ₹900.00 at 5.75% (Maturity: August 11, 2025).
* **SDF:** ₹1,56,110.00 Crore at 5.25% (Maturity: August 09, 2025), ₹50.00 at 5.25% (Maturity: August 10, 2025), ₹12,232.00 at 5.25% (Maturity: August 11, 2025).
* Net liquidity injected from today's operations: ₹3,23,129.00 Crore.
* **Standing Liquidity Facility (SLF):**
* Availed from RBI: ₹10,340.47 Crore.
* **Net Liquidity:**
* Injected from outstanding operations: ₹10,340.47 Crore.
* Injected outstanding, including today's operations: ₹3,12,788.53 Crore.
* **Reserve Position:**
* Cash balances with RBI as on August 08, 2025: ₹9,34,065.79 Crore.
* Average daily cash reserve requirement for the fortnight ending August 08, 2025: ₹9,56,146.00 Crore.
* **Government of India Surplus Cash Balance:**
* Reckoned for Auction as on August 08, 2025: ₹0.00.
* **Net Durable Liquidity:**
* Surplus deficit as on July 25, 2025: ₹5,57,712.00 Crore.
**Impact Analysis:**
**Scheduled Commercial Banks:**
* *Impact:* Need to maintain required cash reserve ratios with the RBI and manage liquidity based on the reported money market conditions and available facilities.
* *Action Required:* Monitor the trends in call money rates, repo rates, and LAF/MSF/SDF operations to optimize their liquidity management strategies and ensure compliance with reserve requirements.
**Money Market Participants:**
* *Impact:* Affected by the interest rates and liquidity conditions prevailing in the overnight and term money markets.
* *Action Required:* Adjust trading strategies and investment decisions based on the reported rates, volumes, and liquidity injections/absorptions by the RBI.
**Reserve Bank of India (RBI):**
* *Impact:* The report reflects the outcome of the RBI's monetary policy implementation and liquidity management operations.
* *Action Required:* Analyze the data to assess the effectiveness of current policies and make necessary adjustments to maintain financial stability and achieve monetary policy objectives.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for regulating the country's monetary policy.
Mumbai, Maharashtra: A city in Maharashtra, location of the Reserve Bank of India's Central Office.
Money Market: A financial market in which short-term debt instruments are traded.
Liquidity Adjustment Facility (LAF): A tool used by the Reserve Bank of India to manage liquidity in the banking system.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow funds overnight from the Reserve Bank of India.
Standing Deposit Facility (SDF): A tool used by the Reserve Bank of India to absorb excess liquidity from the banking system.
Repo: A repurchase agreement, a form of short-term borrowing for dealers in government securities.
Cash Reserve Ratio: The percentage of a bank's total deposits that it is required to keep with the Reserve Bank of India as reserves.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार वर्भाग, केंद्रीय कायाालय, शहीद भगत ससिंह मागा, फोटा, म िंबई - 400 001
Website : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,
ई-मेल/email : helpdoc@rbi.org.in Mumbai - 400 001 फोन/Phone: 022 - 2266 0502
August 11, 2025
Money Market Operations as on August 08, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,25,585.87 5.42 1.00-6.60
I. Call Money 14,810.72 5.55 4.75-5.70
II. Triparty Repo 3,92,741.05 5.47 5.15-5.59
III. Market Repo 2,14,455.05 5.32 1.00-5.75
IV. Repo in Corporate Bond 3,579.05 5.71 5.62-6.60
B. Term Segment
I. Notice Money** 185.50 5.45 5.05-5.60
II. Term Money@@ 324.00 - 5.40-6.10
III. Triparty Repo 2,812.00 5.41 5.30-5.55
IV. Market Repo 850.00 5.67 5.64-5.69
V. Repo in Corporate Bond 0.00 - -
RBI OPERATIONS@ Auction Tenor Maturity Amount Current
Date (Days) Date Rate/Cut
off Rate
C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
I Today's Operations
1. Fixed Rate
2. Variable Rate&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo Fri, 08/08/2025 3 Mon, 11/08/2025 13,045.00 5.49
Fri, 08/08/2025 6 Thu, 14/08/2025 1,46,044.00 5.49
3. MSF# Fri, 08/08/2025 1 Sat, 09/08/2025 3,452.00 5.75
Fri, 08/08/2025 2 Sun, 10/08/2025 0.00 5.75
Fri, 08/08/2025 3 Mon, 11/08/2025 900.00 5.75
4. SDFΔ# Fri, 08/08/2025 1 Sat, 09/08/2025 1,56,110.00 5.25
Fri, 08/08/2025 2 Sun, 10/08/2025 50.00 5.25
Fri, 08/08/2025 3 Mon, 11/08/2025 12,232.00 5.25
5. Net liquidity injected from today's
-3,23,129.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSF#
4. SDFΔ#
D. Standing Liquidity Facility (SLF) Availed from RBI$ 10,340.47
E. Net liquidity injected from outstanding operations [injection
10,340.47
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-3,12,788.53
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on August 08, 2025 9,34,065.79
(ii) Average daily cash reserve requirement for the fortnight ending August 08, 2025 9,56,146.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ August 08, 2025 0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on July 25, 2025 5,57,712.00
@ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).
Not Applicable / No Transaction.
** Relates to uncollateralized transactions of 2 to 14 days tenor.
@@ Relates to uncollateralized transactions of 15 days to one year tenor.
$ Includes refinance facilities extended by RBI.
& As per the Press Release No. 2019-2020/1900 dated February 06, 2020.
Δ As per the Press Release No. 2022-2023/41 dated April 08, 2022.
* Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.
¥ As per the Press Release No. 2014-2015/1971 dated March 19, 2015.
# As per the Press Release No. 2023-2024/1548 dated December 27, 2023.
Ajit Prasad
Press Release: 2025-2026/875 Deputy General Manager
(Communications)