**Executive Summary**
This press release from the Reserve Bank of India (RBI), dated November 14, 2025, reports on money market operations as of November 13, 2025. It provides data on overnight and term segment transactions, RBI operations, and cash reserve positions. The document outlines volumes, weighted average rates, and ranges for various money market instruments.
**Key Points / Main Content**
* **Money Market Operations (as of November 13, 2025)**
* **Overnight Segment:**
* Total volume: ₹6,16,706.35 Crore, weighted average rate: 5.17%, range: 1.00-6.30%.
* Call Money volume: ₹15,670.13 Crore, weighted average rate: 5.33%, range: 4.85-5.40%.
* Triparty Repo volume: ₹3,91,506.20 Crore, weighted average rate: 5.12%, range: 5.00-5.20%.
* Market Repo volume: ₹2,05,467.52 Crore, weighted average rate: 5.25%, range: 1.00-5.40%.
* Repo in Corporate Bond volume: ₹4,062.50 Crore, weighted average rate: 5.36%, range: 5.32-6.30%.
* **Term Segment:**
* Notice Money volume: ₹130.00 Crore, weighted average rate: 5.30%, range: 5.00-5.40%.
* Term Money volume: ₹1,009.00 Crore, range: 5.50-6.10%.
* Triparty Repo volume: ₹2,741.20 Crore, weighted average rate: 5.22%, range: 5.05-5.30%.
* Market Repo volume: ₹1,030.91 Crore, weighted average rate: 5.48%, range: 5.35-5.58%.
* Repo in Corporate Bond volume: ₹0.00 Crore.
* **RBI Operations:**
* **Today's Operations (November 13, 2025):**
* MSF: ₹800.00 Crore, rate: 5.75%, Maturity date: November 14, 2025.
* SDFA: ₹2,49,197.00 Crore, rate: 5.25%, Maturity date: November 14, 2025.
* Net liquidity injected from today's operations: -₹2,48,397.00 Crore.
* **Outstanding Operations:**
* Standing Liquidity Facility (SLF) Availed from RBI: ₹8,146.14 Crore.
* Net liquidity injected from outstanding operations: ₹8,146.14 Crore.
* Net liquidity injected (outstanding including today's operations): -₹2,40,250.86 Crore.
* **Cash Reserve Position of Scheduled Commercial Banks:**
* Cash balances with RBI as on November 13, 2025: ₹7,81,697.13 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 13, 2025: ₹0.00 Crore.
* Net durable liquidity as on October 17, 2025: ₹3,60,648.00 Crore.
**Impact Analysis**
**Scheduled Commercial Banks**
* **Impact**
* The scheduled commercial banks are impacted by the reported money market operations and the required maintenance of cash reserves with the RBI. These operations influence the liquidity available to banks and their ability to lend.
* **Action Required**
* Banks need to manage their cash reserves to meet the required daily average, monitor market rates, and strategically participate in RBI's liquidity adjustment facilities (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF) operations based on the current and outstanding operations data.
**RBI**
* **Impact**
* The RBI is impacted as these statistics reflect the impact of their own monetary policy decisions.
* **Action Required**
* The RBI uses this data to analyse and adjust liquidity management strategies and policy decisions.
**Government of India**
* **Impact**
* The Government is impacted by their surplus cash balance at the RBI.
* **Action Required**
* The government monitors these balances to understand the liquidity situation and its implication for the overall economy.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank of India, responsible for regulating the country's monetary policy and financial system; plays a central role in the money market operations described.
Liquidity Adjustment Facility (LAF): A monetary policy instrument of the RBI used to manage liquidity in the banking system through repo and reverse repo operations.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow funds overnight from the RBI against their excess SLR holdings.
Standing Deposit Facility (SDF): A tool that allows the RBI to absorb liquidity from the banking system without any collateral.
Mumbai: Location of the Department of Communication, Central Office of the Reserve Bank of India.
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 14, 2025
Money Market Operations as on November 13, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,16,706.35 5.17 1.00-6.30
I. Call Money 15,670.13 5.33 4.85-5.40
II. Triparty Repo 3,91,506.20 5.12 5.00-5.20
III. Market Repo 2,05,467.52 5.25 1.00-5.40
IV. Repo in Corporate Bond 4,062.50 5.36 5.32-6.30
B. Term Segment
I. Notice Money** 130.00 5.30 5.00-5.40
II. Term Money@@ 1,009.00 - 5.50-6.10
III. Triparty Repo 2,741.20 5.22 5.05-5.30
IV. Market Repo 1,030.91 5.48 5.35-5.58
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, 13/11/2025 1 Fri, 14/11/2025 800.00 5.75
4. SDFΔ# Thu, 13/11/2025 1 Fri, 14/11/2025 2,49,197.00 5.25
5. Net liquidity injected from today's
-2,48,397.00
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$ 8,146.14
E. Net liquidity injected from outstanding operations [injection
8,146.14
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-2,40,250.86
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on November 13, 2025 7,81,697.13
(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 13, 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: 2025-2026/1500 Deputy General Manager
(Communications)