**Executive Summary**
This press release from the Reserve Bank of India (RBI), dated November 10, 2025, reports on the money market operations as of November 08, 2025. It details the volumes, weighted average rates, and ranges for various money market segments, as well as RBI's liquidity management operations. Key details include liquidity injections and absorptions through various facilities.
**Key Points / Main Content**
* **Money Market Operations (November 08, 2025):**
* **Overnight Segment:** Volume across Call Money, Triparty Repo, Market Repo, and Repo in Corporate Bond is 0.00.
* **Term Segment:** Volume across Notice Money, Term Money, Triparty Repo, Market Repo, and Repo in Corporate Bond is 0.00.
* **RBI Operations (Today's Operations - November 08, 2025):**
* **MSF (Marginal Standing Facility):** ₹56.00 Crore at 5.75% tenor 1 day, ₹0.00 Crore at 5.75% tenor 2 days.
* **SDFA (Standing Deposit Facility):** ₹2,00,047.00 Crore at 5.25% tenor 1 day, ₹134.00 Crore at 5.25% tenor 2 days.
* **Net Liquidity Injected:** -₹2,00,125.00 Crore (absorption).
* **RBI Operations (Outstanding Operations):**
* **MSF:** ₹0.00 Crore at 5.75% tenor 2 days, ₹815.00 Crore at 5.75% tenor 3 days.
* **SDFA:** ₹85.00 Crore at 5.25% tenor 2 days, ₹50,713.00 Crore at 5.25% tenor 3 days.
* **Standing Liquidity Facility (SLF):** ₹9,132.91 Crore.
* **Net Liquidity Injected from Outstanding Operations:** -₹40,850.09 Crore (absorption).
* **Net Liquidity Injected (Outstanding Including Today's Operations):** -₹2,40,975.09 Crore (absorption).
* **Reserve Position:**
* **Cash Reserves of Scheduled Commercial Banks (November 08, 2025):** ₹7,76,440.32 Crore.
* **Average Daily Cash Reserve Requirement (Fortnight Ending November 14, 2025):** ₹7,97,387.00 Crore.
* **Government of India Surplus Cash Balance (November 07, 2025):** ₹0.00 Crore.
* **Net Durable Liquidity (October 17, 2025):** ₹3,60,648.00 Crore.
**Impact Analysis**
**Stakeholder: Scheduled Commercial Banks**
* **Impact:** Banks are affected by the liquidity conditions and rates set by the RBI, influencing their lending and borrowing activities. The levels of MSF and SDFA affects them.
* **Action Required:** Banks must manage their cash reserves and liquidity positions in accordance with RBI's guidelines and operations.
**Stakeholder: Financial Markets**
* **Impact:** The money market operations impact the overall liquidity and interest rate environment, affecting various financial instruments and investment decisions.
* **Action Required:** Market participants need to monitor the RBI's operations to understand liquidity conditions and adjust their strategies accordingly.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank of India, primary regulatory authority for money markets.
Liquidity Adjustment Facility (LAF): A monetary policy tool used by the RBI to manage liquidity in the banking system.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow funds overnight from the RBI against their government securities portfolio.
Standing Deposit Facility (SDF): A monetary policy tool that allows the RBI to absorb liquidity from the commercial banks without any collateral.
Standing Liquidity Facility (SLF): Facility availed from RBI.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व बैंक
RESERVE BANK OF INDIA
वेबसाइट : www.rbi.org.in/hindi संचार र्भावग, केंद्रीय कायाालय, शहीद भगत सससिंह मागा, फोटा, म संंिंबई - 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 10, 2025
Money Market Operations as on November 08, 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# Sat, 08/11/2025 1 Sun, 09/11/2025 56.00 5.75
Sat, 08/11/2025 2 Mon, 10/11/2025 0.00 5.75
4. SDFΔ# Sat, 08/11/2025 1 Sun, 09/11/2025 2,00,047.00 5.25
Sat, 08/11/2025 2 Mon, 10/11/2025 134.00 5.25
5. Net liquidity injected from today's
-2,00,125.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(a) Repo Operation
(b) Reverse Repo Operation
3. MSF# Fri, 07/11/2025 2 Sun, 09/11/2025 0.00 5.75
Fri, 07/11/2025 3 Mon, 10/11/2025 815.00 5.75
4. SDFΔ# Fri, 07/11/2025 2 Sun, 09/11/2025 85.00 5.25
Fri, 07/11/2025 3 Mon, 10/11/2025 50,713.00 5.25
D. Standing Liquidity Facility (SLF) Availed from RBI$ 9,132.91
E. Net liquidity injected from outstanding operations [injection
-40,850.09
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-2,40,975.09
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on November 08, 2025 7,76,440.32
(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 07, 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: 2025-2026/1475 Deputy General Manager
(Communications)