**Executive Summary**
This document is a press release from the Reserve Bank of India (RBI), dated November 11, 2025, providing details on money market operations as of November 10, 2025. It outlines the volumes, weighted average rates, and ranges for various money market segments, as well as RBI operations including Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF). The report also includes the cash reserve positions of scheduled commercial banks.
**Key Points / Main Content**
* **Money Markets:**
* **Overnight Segment:** Total volume of ₹6,38,938.16 Crore with a weighted average rate of 5.22% and a range of 4.00-6.25%. 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 (Today's Operations):**
* **Variable Rate:** Reverse Repo Operation amount ₹2,11,369.00 Crore at 5.25%
* **MSF:** ₹870.00 Crore at 5.75%
* **Net Liquidity Injected:** -₹2,10,499.00 Crore
* **RBI Operations (Outstanding Operations):**
* Standing Liquidity Facility (SLF) Availed from RBI: ₹9,132.91 Crore.
* Net liquidity injected from outstanding operations: ₹9,132.91 Crore.
* Net liquidity injected (outstanding including today's operations): -₹2,01,366.09 Crore.
* **Reserve Position of Scheduled Commercial Banks:**
* Cash balances with RBI as on November 10, 2025: ₹7,71,012.11 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 10, 2025: ₹0.00 Crore.
* Net durable liquidity as on October 17, 2025: ₹3,60,648.00 Crore.
**Impact Analysis**
**Scheduled Commercial Banks**
* **Impact:**
* Affected by the cash reserve requirements set by the RBI.
* Impacted by the rates and volumes in the money markets as they operate within these markets.
* **Action Required:**
* Ensure compliance with the cash reserve ratio (CRR) requirements.
* Monitor money market rates and volumes for liquidity management.
**Financial Institutions participating in LAF/MSF/SDF**
* **Impact:**
* Affected by the rates offered under Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
* **Action Required:**
* Participate in LAF/MSF/SDF operations to manage their short-term liquidity.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank of India, overseeing money market operations.
Liquidity Adjustment Facility (LAF): A monetary policy tool used by RBI to inject or absorb liquidity.
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: The market for short-term debt 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 11, 2025
Money Market Operations as on November 10, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,38,938.16 5.22 4.00-6.25
I. Call Money 16,498.65 5.34 4.75-5.45
II. Triparty Repo 4,09,399.95 5.19 5.13-5.30
III. Market Repo 2,08,933.06 5.27 4.00-5.45
IV. Repo in Corporate Bond 4,106.50 5.40 5.35-6.25
B. Term Segment
I. Notice Money** 289.50 5.29 5.05-5.40
II. Term Money@@ 202.00 - 5.35-5.80
III. Triparty Repo 447.75 5.27 5.10-5.30
IV. Market Repo 839.42 5.64 5.63-5.64
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, 10/11/2025 1 Tue, 11/11/2025 870.00 5.75
4. SDFΔ# Mon, 10/11/2025 1 Tue, 11/11/2025 2,11,369.00 5.25
5. Net liquidity injected from today's
-2,10,499.00
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$ 9,132.91
E. Net liquidity injected from outstanding operations [injection
9,132.91
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-2,01,366.09
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on November 10, 2025 7,71,012.11
(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 10, 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: 2025-2026/1482 Deputy General Manager
(Communications)