**Executive Summary**
This press release from the Reserve Bank of India, dated November 07, 2025, reports on money market operations as of November 06, 2025. It covers overnight and term segments, RBI operations (LAF, MSF, and SDF), standing liquidity facilities, and the cash reserve position of scheduled commercial banks. There are no explicit deadlines or action items listed in this report.
**Key Points / Main Content**
* **Money Markets (November 06, 2025)**
* **Overnight Segment:** Total volume ₹6,37,846.62 Crore, weighted average rate 5.18%, range 4.00-6.30%. Includes call money, triparty repo, market repo, and repo in corporate bond.
* **Term Segment:** Volume of ₹90.00 Crore for Notice Money, ₹446.00 Crore for Term Money, ₹3,920.00 Crore for Triparty Repo, and ₹492.90 Crore for Market Repo. Volume of Repo in Corporate Bond ₹0.00
* **RBI Operations (Today's Operations): Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)**
* MSF: ₹1,982.00 Crore at 5.75% on Thu, 06/11/2025. Maturity Date Fri, 07/11/2025
* SDFA: ₹2,44,330.00 Crore at 5.25% on Thu, 06/11/2025. Maturity Date Fri, 07/11/2025
* Net liquidity absorption: ₹2,42,348.00 Crore.
* **RBI Operations (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): absorption of ₹2,32,376.77 Crore.
* **Reserve Position (November 06, 2025)**
* Cash balances with RBI: ₹7,89,683.51 Crore.
* Average daily cash reserve requirement (CRR) 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 [surplus (+)/deficit (-)] as on October 17, 2025: ₹3,60,648.00 Crore.
**Impact Analysis**
**Scheduled Commercial Banks**
* **Impact**: The cash reserve requirements and liquidity conditions outlined impact their operational liquidity and financial planning.
* **Action Required**: Banks need to adjust their strategies based on reported rates, volumes, and reserve requirements.
**Money Market Participants (e.g., financial institutions, corporations)**
* **Impact**: Rates and volumes in the overnight and term segments affect borrowing and lending costs.
* **Action Required**: Adapt trading and investment strategies based on market conditions indicated in the report.
**Reserve Bank of India (RBI)**
* **Impact**: The report reflects the impact of the RBI's monetary policy and liquidity management operations.
* **Action Required**: Monitor market response to operations and adjust policies as needed to maintain financial stability.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank of India; primary subject involved in money market operations.
Liquidity Adjustment Facility (LAF): A tool used by RBI to manage liquidity in the money market.
Marginal Standing Facility (MSF): A facility through which scheduled commercial banks can borrow overnight funds from the RBI.
Standing Deposit Facility (SDF): A facility that allows the RBI to absorb excess liquidity from the banking system.
Money Market: Financial market in which short-term debt instruments are traded.
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)