**Executive Summary**
This press release from the Reserve Bank of India (RBI), dated November 12, 2025, provides a summary of money market operations as of November 11, 2025. It covers overnight and term segments, RBI operations including liquidity adjustment facilities, and the cash reserve position of scheduled commercial banks. It references previous press releases for additional details.
**Key Points / Main Content**
* **Money Markets:**
* **Overnight Segment:** Total volume is ₹6,43,846.21 Crore, with a weighted average rate of 5.20% and a range of 4.50-6.30%.
* **Term Segment:** Includes notice money, term money, triparty repo, market repo, and repo in corporate bond.
* **RBI Operations (Today's Operations - November 11, 2025):**
* **Variable Rate Repo Operation:** ₹643.00 Crore at 5.75% with a maturity date of November 12, 2025.
* **Variable Rate Reverse Repo Operation:** ₹2,20,994.00 Crore at 5.25% with a maturity date of November 12, 2025.
* **Net liquidity injected:** ₹-2,20,351.00 Crore.
* **RBI Operations (Outstanding Operations):**
* **Standing Liquidity Facility (SLF) Availed from RBI:** ₹9,292.91 Crore
* **Net liquidity injected from outstanding operations:** ₹9,292.91 Crore.
* **Net liquidity injected (outstanding including today's operations):** ₹-2,11,058.09 Crore.
* **Reserve Position of Scheduled Commercial Banks:**
* **Cash balances with RBI (November 11, 2025):** ₹7,74,795.81 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:** ₹0.00 Crore on November 11, 2025.
* **Net durable liquidity:** ₹3,60,648.00 Crore on October 17, 2025.
**Impact Analysis**
**Scheduled Commercial Banks**
* **Impact:** Banks need to be aware of the money market rates, volumes, and RBI operations to manage their liquidity and investments effectively. They are also impacted by the cash reserve requirements.
* **Action Required:** Monitor the money market rates and adjust their operations according to the liquidity conditions and regulatory requirements.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank responsible for money market operations.
Liquidity Adjustment Facility (LAF): Tool used by RBI to manage liquidity in the market.
Marginal Standing Facility (MSF): Facility that allows scheduled commercial banks to borrow additional amount of overnight money from the RBI.
Standing Deposit Facility (SDF): A tool for absorbing liquidity from the banking system.
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 12, 2025
Money Market Operations as on November 11, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,43,846.21 5.20 4.50-6.30
I. Call Money 16,116.06 5.34 4.85-5.40
II. Triparty Repo 4,14,916.45 5.16 4.75-5.25
III. Market Repo 2,08,612.20 5.26 4.50-5.45
IV. Repo in Corporate Bond 4,201.50 5.38 5.35-6.30
B. Term Segment
I. Notice Money** 125.70 5.38 5.00-5.60
II. Term Money@@ 841.50 - 5.50-5.85
III. Triparty Repo 6,866.35 5.25 5.00-5.35
IV. Market Repo 905.47 5.41 5.40-5.60
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# Tue, 11/11/2025 1 Wed, 12/11/2025 643.00 5.75
4. SDFΔ# Tue, 11/11/2025 1 Wed, 12/11/2025 2,20,994.00 5.25
5. Net liquidity injected from today's
-2,20,351.00
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$ 9,292.91
E. Net liquidity injected from outstanding operations [injection
9,292.91
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-2,11,058.09
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on November 11, 2025 7,74,795.81
(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 11, 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: 2025-2026/1488 Deputy General Manager
(Communications)