**Executive Summary**
This document is a press release from the Reserve Bank of India (RBI), dated November 04, 2025, providing details on Money Market Operations as of November 03, 2025. It includes information on money markets, RBI operations including the Liquidity Adjustment Facility (LAF) and Standing Deposit Facility (SDF), reserve positions and cash reserve positions of scheduled commercial banks. The press release number is 2025-2026/1442.
**Key Points / Main Content**
* **Money Markets:**
* **Overnight Segment:** Volume is ₹6,28,623.39 Crore, with a weighted average rate of 5.25% and a range of 4.25-6.35%. This includes call money, triparty repo, market repo, and repo in corporate bond.
* **Term Segment:** Includes notice money, term money, triparty repo, market repo, and repo in corporate bond.
* **RBI Operations:**
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) - Today's Operations:** The Net liquidity injected from today's operations is -₹1,86,621.00 Crore.
* MSF auction amount ₹895.00 Crore with a rate of 5.75%
* SDFA auction amount ₹1,87,516.00 Crore with a rate of 5.25%
* **Outstanding Operations:** The Net liquidity injected from outstanding operations is ₹11,317.36 Crore.
* **Standing Liquidity Facility (SLF) Availed from RBI:** ₹11,317.36 Crore.
* **Net Liquidity Injection:** The net liquidity injected, including today’s operations is -₹1,75,303.64 Crore.
* **Reserve Position:**
* **Cash Reserves Position of Scheduled Commercial Banks:** Cash balances with RBI as on November 03, 2025 are ₹8,20,536.44 Crore.
* **Government of India Surplus Cash Balance:** Reckoned for Auction as on November 03, 2025 ₹0.00 Crore.
* **Net Durable Liquidity:** Surplus (+) / Deficit (-) as on October 17, 2025 ₹3,60,648.00 Crore.
**Impact Analysis**
* **Scheduled Commercial Banks**
* **Impact:** Affected by the reserve requirements and liquidity conditions managed by the RBI.
* **Action Required:** Need to maintain required cash balances with the RBI.
* **Money Market Participants**
* **Impact:** Influenced by the rates and volumes in the money market segments, including overnight and term segments.
* **Action Required:** Adjust strategies based on the provided rate and volume information.
* **RBI**
* **Impact:** Responsible for managing liquidity in the market through various instruments (LAF, MSF, SDF, SLF).
* **Action Required:** Monitor market conditions and make adjustments to policy instruments as needed.
Key Entities Referenced
Reserve Bank of India (RBI): The central bank of India, primary subject of the document relating to money market operations and liquidity management.
Liquidity Adjustment Facility (LAF): A monetary policy instrument used by RBI for managing liquidity in the market.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow additional amount of overnight money from the RBI.
Standing Deposit Facility (SDF): A tool used by RBI to absorb excess liquidity from the market without any collateral.
Money Market: Financial market in which short-term debt instruments are traded; the subject of the reported operations.
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 04, 2025
Money Market Operations as on November 03, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,28,623.39 5.25 4.25-6.35
I. Call Money 15,561.66 5.42 4.70-5.55
II. Triparty Repo 4,22,753.35 5.20 4.81-5.35
III. Market Repo 1,86,383.38 5.33 4.25-5.65
IV. Repo in Corporate Bond 3,925.00 5.50 5.40-6.35
B. Term Segment
I. Notice Money** 186.00 5.31 4.95-5.60
II. Term Money@@ 1,686.00 - 5.40-5.85
III. Triparty Repo 2,519.00 5.34 5.20-5.50
IV. Market Repo 1,450.00 5.00 5.00-5.00
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# Mon, 03/11/2025 1 Tue, 04/11/2025 895.00 5.75
4. SDFΔ# Mon, 03/11/2025 1 Tue, 04/11/2025 1,87,516.00 5.25
5. Net liquidity injected from today's
-1,86,621.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(a) Repo Operation
(b) Reverse Repo Operation
3. MSF#
4. SDFΔ#
D. Standing Liquidity Facility (SLF) Availed from RBI$ 11,317.36
E. Net liquidity injected from outstanding operations [injection
11,317.36
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-1,75,303.64
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on November 03, 2025 8,20,536.44
(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¥ November 03, 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: 2025-2026/1442 Deputy General Manager
(Communications)