Money Market Operations as on November 27, 2025

**Executive Summary** This press release from the Reserve Bank of India, dated November 28, 2025, presents the money market operations as of November 27, 2025. It details volumes, weighted average rates, and ranges for various money market segments and RBI operations, including the Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF). The report also includes the cash reserve position of scheduled commercial banks as of November 27, 2025. **Key Points / Main Content** * **Money Market Operations (November 27, 2025):** * **Overnight Segment:** Total volume: ₹6,77,866.13 Crore; Weighted average rate: 5.32%; Range: 4.25-5.95% * Call Money: Volume: ₹19,550.95 Crore; Weighted average rate: 5.40%; Range: 4.75-5.45% * Triparty Repo: Volume: ₹4,42,143.80 Crore; Weighted average rate: 5.30%; Range: 5.00-5.43% * Market Repo: Volume: ₹2,12,880.88 Crore; Weighted average rate: 5.34%; Range: 4.25-5.65% * Repo in Corporate Bond: Volume: ₹3,290.50 Crore; Weighted average rate: 5.47%; Range: 5.35-5.95% * **Term Segment:** * Notice Money: Volume: ₹157.85 Crore; Weighted average rate: 5.28%; Range: 5.00-5.45% * Term Money: Volume: ₹643.00 Crore; Range: 5.35-5.90% * Triparty Repo: Volume: ₹810.00 Crore; Weighted average rate: 5.35%; Range: 5.25-5.40% * Market Repo: Volume: ₹789.44 Crore; Weighted average rate: 5.55%; Range: 5.50-5.58% * Repo in Corporate Bond: Volume: ₹0.00 Crore * **RBI Operations:** * **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF):** * Fixed Rate: N/A * Variable Rate: * Repo Operation (November 27, 2025): Amount ₹318.00 Crore; Current Rate/Cut off Rate: 5.75% * Reverse Repo Operation (November 27, 2025): Amount ₹1,50,906.00 Crore; Current Rate/Cut off Rate: 5.25% * MSF: N/A * SDFA: N/A * Net liquidity injected from today's operations [injection (+)/absorption (-)]: -₹1,50,588.00 Crore * Outstanding Repo Operation (November 21, 2025): Amount ₹16,363.00 Crore; Current Rate/Cut off Rate: 5.51% * Standing Liquidity Facility (SLF) Availed from RBI: ₹7,395.71 Crore * Net liquidity injected from outstanding operations [injection (+)/absorption (-)]: ₹23,758.71 Crore * Net liquidity injected (outstanding including today's operations) [injection (+)/absorption (-)]: -₹1,26,829.29 Crore * **Reserve Position of Scheduled Commercial Banks:** * Cash balances with RBI as on November 27, 2025: ₹7,93,713.92 Crore * Average daily cash reserve requirement for the fortnight ending November 28, 2025: ₹8,06,057.00 Crore * Government of India Surplus Cash Balance Reckoned for Auction as on November 27, 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:** Banks are directly impacted by the money market operations and changes in liquidity, affecting their borrowing and lending rates and overall financial performance. The cash reserve requirements also affect the amount of funds they can lend. * **Action Required:** Banks need to monitor the rates and volumes in the money markets to manage their liquidity positions effectively. Banks must also maintain required cash balances with RBI.

Key Entities Referenced