**Executive Summary**
This press release from the Reserve Bank of India (RBI) reports on money market operations as of November 2, 2025. It details overnight and term segment activity, RBI operations including Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF), as well as cash reserve positions of scheduled commercial banks. Key data points include volumes, weighted average rates, and amounts related to various operations.
**Key Points / Main Content**
* **Money Markets:**
* **Overnight Segment:** Includes Call Money, Triparty Repo, Market Repo, and Repo in Corporate Bond; all recorded a volume of 0.00.
* **Term Segment:** Includes Notice Money, Term Money, Triparty Repo, Market Repo and Repo in Corporate Bond; all recorded a volume of 0.00.
* **RBI Operations:**
* **Today's Operations (November 2, 2025):**
* Reverse Repo Operation: ₹1,19,816.00 crore at 5.25%
* MSF: ₹370.00 crore at 5.75%.
* Net liquidity absorption: ₹1,19,446.00 crore.
* **Outstanding Operations:**
* MSF (Various Dates): Amounts ranging from ₹24.00 to ₹4,050.00 crore at 5.75%.
* SDF (Various Dates): Amounts ranging from ₹2,114.00 to ₹4,637.00 crore at 5.25%.
* Standing Liquidity Facility (SLF) Availed from RBI: ₹11,518.40 crore.
* Net liquidity injected from outstanding operations: ₹8,841.40 crore.
* Net liquidity injected (outstanding including today's operations): ₹-1,10,604.60 crore.
* **Reserve Position (Cash Reserves Position of Scheduled Commercial Banks):**
* Cash balances with RBI (November 2, 2025): ₹8,94,269.05 crore.
* Average daily cash reserve requirement (fortnight ending November 14, 2025): ₹7,97,387.00 crore.
* Government of India Surplus Cash Balance Reckoned for Auction as on (October 31, 2025): ₹0.00.
* Net durable liquidity [surplus (+)/deficit (-)] as on (October 17, 2025): ₹3,60,648.00 crore.
**Impact Analysis**
**Scheduled Commercial Banks**
* **Impact:** Banks are directly affected by the reported money market operations data, including the LAF, MSF, and SDF rates and volumes. Changes in these rates influence the cost of funds for banks and their ability to manage liquidity. The reported cash reserve positions also reflect their compliance with RBI requirements.
* **Action Required:** Banks must monitor these rates and liquidity conditions to manage their asset-liability positions, optimize borrowing and lending strategies, and ensure compliance with cash reserve requirements.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank; primary regulator of money market operations.
Liquidity Adjustment Facility (LAF): RBI's primary tool for managing liquidity in the money market.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow overnight funds from the RBI.
Standing Deposit Facility (SDF): A tool for absorbing liquidity from the banking system.
Money Market: Overall subject; encompasses various short-term financial instruments.
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
November 03, 2025
Money Market Operations as on November 02, 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, 02/11/2025 1 Mon, 03/11/2025 370.00 5.75
4. SDFΔ# Sun, 02/11/2025 1 Mon, 03/11/2025 1,19,816.00 5.25
5. Net liquidity injected from today's
-1,19,446.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(a) Repo Operation
(b) Reverse Repo Operation
3. MSF# Sat, 01/11/2025 2 Mon, 03/11/2025 24.00 5.75
Fri, 31/10/2025 3 Mon, 03/11/2025 4,050.00 5.75
4. SDFΔ# Sat, 01/11/2025 2 Mon, 03/11/2025 4,637.00 5.25
Fri, 31/10/2025 3 Mon, 03/11/2025 2,114.00 5.25
D. Standing Liquidity Facility (SLF) Availed from RBI$ 11,518.40
E. Net liquidity injected from outstanding operations [injection
8,841.40
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-1,10,604.60
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on November 02, 2025 8,94,269.05
(ii) Average daily cash reserve requirement for the fortnight ending November 14, 2025 7,97,387.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ October 31, 2025 0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on October 17, 2025 3,60,648.00
@ 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: 2025-2026/1439 Deputy General Manager
(Communications)