**Summary:**
This press release from the Reserve Bank of India (RBI), dated August 20, 2025, provides details of money market operations as of August 19, 2025.
**Money Market Operations:**
* **Overnight Segment:** Total volume of ₹6,31,769.75 Crore. Call Money averaged 5.43% on a volume of ₹16,735.50 Crore. Triparty Repo averaged 5.34% on a volume of ₹4,17,278.35 Crore. Market Repo averaged 5.05% on a volume of ₹1,94,784.35 Crore. Repo in Corporate Bond averaged 5.55% on a volume of ₹2,971.55 Crore.
* **Term Segment:** Notice Money averaged 5.37% on a volume of ₹110.85 Crore. Term Money averaged 5.35% on a volume of ₹1,176.50 Crore. Triparty Repo averaged 5.45% on a volume of ₹1,260.00 Crore. Market Repo averaged 5.70% on a volume of ₹437.00 Crore. Repo in Corporate Bond: ₹0.00 Crore.
**RBI Operations (Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), Standing Deposit Facility (SDF)):**
* **Today's Operations (August 19, 2025):** Fixed Rate MSF of ₹1,992.00 Crore at 5.75%. Fixed Rate SDF of ₹1,05,186.00 Crore at 5.25%. Net liquidity injected from today's operations: ₹1,03,194.00 Crore injection.
* **Outstanding Operations:** Fixed Rate Reverse Repo of ₹23,360.00 Crore at 5.49% maturing on August 21, 2025 and ₹1,82,790.00 Crore maturing on August 22, 2025.
* **Standing Liquidity Facility (SLF):** ₹10,724.76 Crore availed from RBI.
* **Net Liquidity:** Net liquidity injected from outstanding operations: ₹1,95,425.24 Crore injection. Net liquidity injected outstanding including today's operations: ₹2,98,619.24 Crore injection.
**Reserve Position:**
* Cash balances with RBI as on August 19, 2025: ₹9,40,267.13 Crore.
* Average daily cash reserve requirement for the fortnight ending August 22, 2025: ₹9,57,697.00 Crore.
**Other:**
* Government of India Surplus Cash Balance reckoned for Auction as on August 19, 2025: ₹0.00 Crore.
* Net durable liquidity surplus deficit as on July 25, 2025: ₹5,57,712.00 Crore surplus.
**Contact:**
Ajit Prasad, Deputy General Manager, Communications. Email: helpdocrbi.org.in, Phone: 022-2266 0502. RBI Website: www.rbi.org.in.
Key Entities Referenced
Reserve Bank of India: The central bank of India, responsible for regulating the country's monetary policy and financial system.
Mumbai, Maharashtra: City in India where the Central Office of the Reserve Bank of India is located.
Money Market: A segment of the financial market in which financial instruments with high liquidity and very short maturities are traded.
Liquidity Adjustment Facility (LAF): A tool used by the Reserve Bank of India to manage liquidity in the banking system through repo and reverse repo operations.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow overnight funds from the Reserve Bank of India against their government securities portfolio.
Standing Deposit Facility (SDF): A tool used by the Reserve Bank of India to absorb excess liquidity from the banking system without any collateral.
Cash Reserve Ratio (CRR): The percentage of a bank's total deposits that it is required to maintain with the Reserve Bank of India.
Ajit Prasad: Deputy General Manager, Communications at Reserve Bank of India
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 20, 2025
Money Market Operations as on August 19, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,31,769.75 5.25 0.01-6.35
I. Call Money 16,735.50 5.43 4.70-5.52
II. Triparty Repo 4,17,278.35 5.34 5.20-5.45
III. Market Repo 1,94,784.35 5.05 0.01-5.55
IV. Repo in Corporate Bond 2,971.55 5.55 5.50-6.35
B. Term Segment
I. Notice Money** 110.85 5.37 5.00-5.45
II. Term Money@@ 1,176.50 - 5.35-5.75
III. Triparty Repo 1,260.00 5.45 5.34-5.55
IV. Market Repo 437.00 5.70 5.70-5.70
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
3. MSF# Tue, 19/08/2025 1 Wed, 20/08/2025 1,992.00 5.75
4. SDFΔ# Tue, 19/08/2025 1 Wed, 20/08/2025 1,05,186.00 5.25
5. Net liquidity injected from today's
-1,03,194.00
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 Mon, 18/08/2025 3 Thu, 21/08/2025 23,360.00 5.49
Thu, 14/08/2025 8 Fri, 22/08/2025 1,82,790.00 5.49
3. MSF#
4. SDFΔ#
D. Standing Liquidity Facility (SLF) Availed from RBI$ 10,724.76
E. Net liquidity injected from outstanding operations [injection
-1,95,425.24
(+)/absorption (-)]*2
F. Net liquidity injected (outstanding including today's
-2,98,619.24
operations) [injection (+)/absorption (-)]*
RESERVE POSITION@
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on August 19, 2025 9,40,267.13
(ii) Average daily cash reserve requirement for the fortnight ending August 22, 2025 9,57,697.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ August 19, 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: 2025-2026/937 Deputy General Manager
(Communications)