**Executive Summary**
This document is a press release from the Reserve Bank of India, dated December 08, 2025, presenting the Money Market Operations as on December 07, 2025. It details the volumes, rates, and liquidity adjustments in various money market segments and RBI operations. It also shows the Cash Reserve Position of Scheduled Commercial Banks.
**Key Points / Main Content**
*Money Market Operations*
*Overnight Segment*
* Call Money: 0.00 volume.
* Triparty Repo: 0.00 volume.
* Market Repo: 0.00 volume.
* Repo in Corporate Bond: 0.00 volume.
*Term Segment*
* Notice Money: 0.00 volume.
* Term Money: 0.00 volume.
* Triparty Repo: 0.00 volume.
* Market Repo: 0.00 volume.
* Repo in Corporate Bond: 0.00 volume.
*RBI Operations*
*Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)*
*Today's Operations*
* Variable Rate: Repo Operation = 332.00 with 5.50 current rate.
* Variable Rate: Reverse Repo Operation = 1,20,448.00 with 5.00 current rate.
* Net liquidity injected from today's operations [injection (+)/absorption (-)] = -1,20,116.00.
*Outstanding Operations*
* Variable Rate: Repo Operation = 1,00,024.00 with 5.24 current rate.
* Variable Rate: Reverse Repo Operation = 216.00 with 5.50 current rate.
* Standing Liquidity Facility (SLF) Availed from RBI = 8,008.17.
* Net liquidity injected from outstanding operations [injection (+)/absorption (-)] = -95,235.83.
* Net liquidity injected (outstanding including today's operations) [injection (+)/absorption (-)] = -2,15,351.83.
*Reserve Position*
* Cash Reserves Position of Scheduled Commercial Banks
* Cash balances with RBI as on December 07, 2025: 7,25,014.43.
* Average daily cash reserve requirement for the fortnight ending December 12, 2025: 7,39,862.00.
* Government of India Surplus Cash Balance Reckoned for Auction as on December 05, 2025: 0.00.
* Net durable liquidity [surplus (+)/deficit (-)] as on November 14, 2025: 3,61,346.00.
**Impact Analysis**
*Scheduled Commercial Banks*
**Impact**
* Banks are impacted by the liquidity adjustments (LAF, MSF, SDF), and also the need to meet cash reserve requirements.
**Action Required**
* Banks need to manage their liquidity positions based on the provided figures and adhere to the cash reserve requirements.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank of India, responsible for monetary policy and regulation of the financial system.
Liquidity Adjustment Facility (LAF): Tool used by RBI to manage liquidity in the money market through repo and reverse repo operations.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow overnight funds from the RBI against their government securities.
Standing Deposit Facility (SDF): A tool used by RBI to absorb excess liquidity from the banking system without any collateral.
Money Market Operations: The operations conducted by the RBI in the money market to influence liquidity and interest rates.
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
December 08, 2025
Money Market Operations as on December 07, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 0.00 - -
I. Call Money 0.00 - -
II. Triparty Repo 0.00 - -
III. Market Repo 0.00 - -
IV. Repo in Corporate Bond 0.00 - -
B. Term Segment
I. Notice Money** 0.00 - -
II. Term Money@@ 0.00 - -
III. Triparty Repo 0.00 - -
IV. Market Repo 0.00 - -
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&
(a) Repo Operation
(b) Reverse Repo Operation
3. MSF# Sun, 07/12/2025 1 Mon, 08/12/2025 332.00 5.50
4. SDFΔ# Sun, 07/12/2025 1 Mon, 08/12/2025 1,20,448.00 5.00
5. Net liquidity injected from today's
-1,20,116.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(a) Repo Operation
(b) Reverse Repo Operation Fri, 05/12/2025 3 Mon, 08/12/2025 1,00,024.00 5.24
3. MSF# Sat, 06/12/2025 2 Mon, 08/12/2025 216.00 5.50
Fri, 05/12/2025 3 Mon, 08/12/2025 750.00 5.50
4. SDFΔ# Sat, 06/12/2025 2 Mon, 08/12/2025 2,560.00 5.00
Fri, 05/12/2025 3 Mon, 08/12/2025 1,626.00 5.00
D. Standing Liquidity Facility (SLF) Availed from RBI$ 8,008.17
E. Net liquidity injected from outstanding operations [injection
-95,235.83
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-2,15,351.83
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on December 07, 2025 7,25,014.43
(ii) Average daily cash reserve requirement for the fortnight ending December 12, 2025 7,39,862.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ December 05, 2025 0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on November 14, 2025 3,61,346.00
@ 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. 2025-2026/1201 dated September 30, 2025.
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: 2025-2026/1655 Deputy General Manager
(Communications)