**Executive Summary**
This press release from the Reserve Bank of India (RBI), dated November 17, 2025, details money market operations as of November 14, 2025. It covers overnight and term segments, RBI operations including Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF). Key data points include volumes, weighted average rates, ranges, auction dates, and maturity dates.
**Key Points / Main Content**
* **Money Markets:**
* **Overnight Segment:**
* Call Money: Volume is ₹1,347.70 Crore, weighted average rate is 5.07%, range 4.85-5.35%.
* Triparty Repo: Volume is ₹2,359.55 Crore, weighted average rate is 5.27%, range 5.00-5.45%.
* Market Repo: Volume is ₹186.81 Crore, weighted average rate is 4.54%, range 4.50-5.00%.
* Repo in Corporate Bond: Volume is ₹3,996.50 Crore, weighted average rate is 5.59%, range 5.50-6.00%.
* **Term Segment:**
* Notice Money: Volume is ₹15,658.34 Crore, weighted average rate is 5.51%, range 4.50-5.60%.
* Term Money: Volume is ₹1,890.30 Crore.
* Triparty Repo: Volume is ₹3,91,617.60 Crore, weighted average rate is 5.36%, range 5.15-5.48%.
* Market Repo: Volume is ₹2,05,229.61 Crore, weighted average rate is 5.43%, range 3.00-5.65%.
* Repo in Corporate Bond: Volume is ₹0.00 Crore.
* **RBI Operations:**
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) - Today's Operations:**
* Variable Rate Repo Operation (Fri, 14/11/2025; 3 Days to Maturity Mon, 17/11/2025): Amount is ₹57,380.00 Crore, Rate 5.49%
* MSF (Fri, 14/11/2025; 1 Day to Maturity Sat, 15/11/2025, Fri, 14/11/2025; 2 Days to Maturity Sun, 16/11/2025, Fri, 14/11/2025; 3 Days to Maturity Mon, 17/11/2025): Amounts are ₹1,133.00 Crore, ₹0.00 Crore, ₹1,025.00 Crore, Rate 5.75%.
* SDFA (Fri, 14/11/2025; 1 Day to Maturity Sat, 15/11/2025, Fri, 14/11/2025; 2 Days to Maturity Sun, 16/11/2025, Fri, 14/11/2025; 3 Days to Maturity Mon, 17/11/2025): Amounts are ₹1,90,740.00 Crore, ₹83.00 Crore, ₹1,936.00 Crore, Rate 5.25%.
* Net liquidity injected from today's operations: ₹-2,47,981.00 Crore.
* 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): ₹-2,39,834.86 Crore.
* **Reserve Position of Scheduled Commercial Banks:**
* Cash balances with RBI as on November 14, 2025: ₹7,88,080.06 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 14, 2025: ₹0.00 Crore.
* Net durable liquidity [surplus (+)/deficit (-)] as on October 31, 2025: ₹3,29,090.00 Crore.
**Impact Analysis**
**Scheduled Commercial Banks**
* **Impact:** The document provides detailed information on cash reserve requirements, liquidity positions, and participation in various money market operations, directly impacting their liquidity management strategies.
* **Action Required:** Banks need to review their positions against the reported figures and adjust their strategies.
**RBI**
* **Impact:** The document serves to publish and communicate the outcomes of the RBI's monetary policy implementation.
* **Action Required:** No action specified in the document.
**Financial Market Participants**
* **Impact:** Traders, investors, and other market participants will find the information helpful in decision-making.
* **Action Required:** No action specified in the document.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank of India; the primary entity conducting and reporting on money market operations.
Liquidity Adjustment Facility (LAF): A 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 additional amount of overnight money from the RBI.
Standing Deposit Facility (SDF): A tool used by the RBI to absorb excess liquidity from the banking system.
Money Markets: 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 17, 2025
Money Market Operations as on November 14, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 7,890.56 5.38 4.50-6.00
I. Call Money 1,347.70 5.07 4.85-5.35
II. Triparty Repo 2,359.55 5.27 5.00-5.45
III. Market Repo 186.81 4.54 4.50-5.00
IV. Repo in Corporate Bond 3,996.50 5.59 5.50-6.00
B. Term Segment
I. Notice Money** 15,658.34 5.51 4.50-5.60
II. Term Money@@ 1,890.30 - 5.55-6.10
III. Triparty Repo 3,91,617.60 5.36 5.15-5.48
IV. Market Repo 2,05,229.61 5.43 3.00-5.65
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 Fri, 14/11/2025 3 Mon, 17/11/2025 57,380.00 5.49
3. MSF# Fri, 14/11/2025 1 Sat, 15/11/2025 1,133.00 5.75
Fri, 14/11/2025 2 Sun, 16/11/2025 0.00 5.75
Fri, 14/11/2025 3 Mon, 17/11/2025 1,025.00 5.75
4. SDFΔ# Fri, 14/11/2025 1 Sat, 15/11/2025 1,90,740.00 5.25
Fri, 14/11/2025 2 Sun, 16/11/2025 83.00 5.25
Fri, 14/11/2025 3 Mon, 17/11/2025 1,936.00 5.25
5. Net liquidity injected from today's
-2,47,981.00
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
-2,39,834.86
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on November 14, 2025 7,88,080.06
(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 14, 2025 0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on October 31, 2025 3,29,090.00
@ 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: 2025-2026/1511 Deputy General Manager
(Communications)