**Executive Summary**
This press release from the Reserve Bank of India, dated November 7, 2025, details the money market operations as of November 6, 2025. It provides information on overnight and term segments, RBI operations including LAF, MSF, SDF, and the cash reserve position of scheduled commercial banks. There are no immediately clear deadlines or action items mentioned for stakeholders, but the data informs market participants and policymakers.
**Key Points / Main Content**
* **Money Market Operations:**
* **Overnight Segment:** Total volume of ₹6,37,846.62 crore with a weighted average rate of 5.18% and a range of 4.00-6.30%. Includes call money, triparty repo, market repo, and repo in corporate bonds.
* **Term Segment:** Volume of ₹5,348.9 crore with a weighted average rate of 5.33% and a range of 5.10-5.90%. Includes notice money, term money, triparty repo, market repo, and repo in corporate bonds.
* **RBI Operations:**
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) - Today's Operations:**
* MSF: ₹1,982.00 crore at 5.75%
* SDFA: ₹2,44,330.00 crore at 5.25%
* Net liquidity absorbed: ₹-2,42,348.00 crore
* **Outstanding Operations:**
* Standing Liquidity Facility (SLF) Availed from RBI: ₹9,971.23 crore
* Net liquidity injected from outstanding operations: ₹9,971.23 crore
* Net liquidity injected (outstanding including today’s operations): ₹-2,32,376.77 crore
* **Reserve Position:**
* Cash balances with RBI as on November 06, 2025: ₹7,89,683.51 crore
* Average daily cash reserve requirement for the fortnight ending November 14, 2025: ₹7,97,387.00 crore
* Government of India Surplus Cash Balance Reckoned for Auction as on November 06, 2025: ₹0.00 crore
* Net durable liquidity as on October 17, 2025: ₹3,60,648.00 crore
**Impact Analysis**
**Stakeholder: Scheduled Commercial Banks**
* **Impact:** The report provides data on their cash reserve positions with the RBI and their participation in various money market instruments.
* **Action Required:** Use the information to manage their liquidity positions, meet reserve requirements, and make informed decisions about their participation in the money markets.
**Stakeholder: Market Participants (e.g., Investors, Brokers)**
* **Impact:** The report gives insights into the current money market conditions, interest rates, and liquidity levels.
* **Action Required:** Use the data to guide their investment strategies, trading decisions, and risk management.
**Stakeholder: Reserve Bank of India (RBI)**
* **Impact:** This report serves as a record of the RBI's money market operations and their impact on liquidity.
* **Action Required:** The RBI likely uses this data to monitor market conditions, assess the effectiveness of its monetary policy tools, and make adjustments as needed to maintain financial stability.
Key Entities Referenced
Reserve Bank of India (RBI): The central bank, regulating money markets and liquidity.
Liquidity Adjustment Facility (LAF): A tool used by RBI to manage liquidity in the money market.
Marginal Standing Facility (MSF): A facility used by banks to borrow overnight funds from the RBI against government securities.
Standing Deposit Facility (SDF): A tool allowing RBI to absorb excess liquidity from the banking system.
Money Markets: Refers to the markets where short-term debt instruments are traded; this policy details its 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 07, 2025
Money Market Operations as on November 06, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,37,846.62 5.18 4.00-6.30
I. Call Money 17,372.09 5.40 4.80-5.50
II. Triparty Repo 4,11,200.50 5.13 4.75-5.25
III. Market Repo 2,05,539.03 5.25 4.00-5.50
IV. Repo in Corporate Bond 3,735.00 5.40 5.35-6.30
B. Term Segment
I. Notice Money** 90.00 5.33 5.10-5.45
II. Term Money@@ 446.00 - 5.40-5.90
III. Triparty Repo 3,920.00 5.25 5.18-5.31
IV. Market Repo 492.90 5.35 5.25-5.45
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# Thu, 06/11/2025 1 Fri, 07/11/2025 1,982.00 5.75
4. SDFΔ# Thu, 06/11/2025 1 Fri, 07/11/2025 2,44,330.00 5.25
5. Net liquidity injected from today's
-2,42,348.00
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$ 9,971.23
E. Net liquidity injected from outstanding operations [injection
9,971.23
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-2,32,376.77
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on November 06, 2025 7,89,683.51
(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 06, 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: 2025-2026/1458 Deputy General Manager
(Communications)