Money Market Operations as on December 06, 2025

**Executive Summary** This press release from the Reserve Bank of India (RBI), dated December 08, 2025, provides details of money market operations as of December 06, 2025. It outlines volumes, weighted average rates, and ranges for various money market segments, including overnight and term segments, as well as RBI operations such as the Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF). The document also includes data on the cash reserve positions of scheduled commercial banks and net durable liquidity as of specified dates. **Key Points / Main Content** * **Money Market Operations (as of December 06, 2025):** * **Overnight Segment:** Volume: ₹20,203.49 Crore; Weighted Average Rate: 5.23%; Range: 4.00-5.50% * Call Money: Volume: ₹805.80 Crore; Weighted Average Rate: 4.93%; Range: 4.70-5.40% * Triparty Repo: Volume: ₹19,002.10 Crore; Weighted Average Rate: 5.25%; Range: 4.80-5.50% * Market Repo: Volume: ₹395.59 Crore; Weighted Average Rate: 4.83%; Range: 4.00-5.20% * Repo in Corporate Bond: Volume: ₹0.00 Crore * **Term Segment:** All instruments show Volume: ₹0.00 Crore. * **RBI Operations:** * **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) - Today's Operations:** * Variable Rate Repo Operation: ₹307.00 Crore; Maturity Date: Sun, 07/12/2025; Current Rate/Cut Off Rate: 5.50% * Variable Rate Reverse Repo Operation: ₹216.00 Crore; Maturity Date: Mon, 08/12/2025; Current Rate/Cut Off Rate: 5.50% * MSF: ₹1,14,447.00 Crore; Maturity Date: Sun, 07/12/2025; Current Rate/Cut Off Rate: 5.00% * SDFA: ₹2,560.00 Crore; Maturity Date: Mon, 08/12/2025; Current Rate/Cut Off Rate: 5.00% * Net liquidity injected from today's operations [injection (+)/absorption (-)]: -₹1,16,484.00 Crore. * **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) - Outstanding Operations:** * Variable Rate Reverse Repo Operation: ₹1,00,024.00 Crore; Maturity Date: Mon, 08/12/2025; Current Rate/Cut Off Rate: 5.24% * MSF: ₹750.00 Crore; Maturity Date: Mon, 08/12/2025; Current Rate/Cut Off Rate: 5.50% * SDFA: ₹1,626.00 Crore; Maturity Date: Mon, 08/12/2025; Current Rate/Cut Off Rate: 5.00% * Standing Liquidity Facility (SLF) Availed from RBI: ₹8,008.17 Crore * Net liquidity injected from outstanding operations [injection (+)/absorption (-)]: -₹92,891.83 Crore * Net liquidity injected (outstanding including today's operations) [injection (+)/absorption (-)]: -₹2,09,375.83 Crore * **Reserve Position:** * Cash balances with RBI as on December 06, 2025: ₹7,31,155.49 Crore * Average daily cash reserve requirement for the fortnight ending December 12, 2025: ₹7,39,862.00 Crore * Government of India Surplus Cash Balance Reckoned for Auction as on December 05, 2025: ₹0.00 Crore * Net durable liquidity [surplus (+)/deficit (-)] as on November 14, 2025: ₹3,61,346.00 Crore **Impact Analysis** **Scheduled Commercial Banks** * **Impact:** Banks need to be aware of the current rates and volumes for various money market instruments to manage their liquidity positions effectively. They are also directly affected by the cash reserve requirements and the availability of facilities like MSF and SLF. * **Action Required:** Banks should review the provided data to optimize their participation in money market operations, manage their reserve requirements, and make informed decisions about availing of RBI facilities. **RBI** * **Impact:** This data reflects the results and effectiveness of RBI's monetary policy decisions and liquidity management operations. The RBI can assess the impact of its policies on the money market and adjust operations accordingly. * **Action Required:** RBI needs to monitor the money market indicators to ensure financial stability, manage liquidity effectively, and achieve its monetary policy objectives. **Government of India** * **Impact:** Government can use this data to assess economic indicators. * **Action Required:** Government can make informed decisions on economic policy.

Key Entities Referenced