**Executive Summary**
This press release from the Reserve Bank of India (RBI), dated December 01, 2025, provides an overview of money market operations as of November 28, 2025. It details volumes, weighted average rates, and ranges for various money market segments, including overnight and term segments. It also covers RBI operations, including the Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF).
**Key Points / Main Content**
* **Money Markets (as on November 28, 2025):**
* **Overnight Segment:** Volume: ₹14,744.59 Crore, Weighted Average Rate: 5.41%, Range: 4.75-5.80%. Includes call money, triparty repo, market repo, and repo in corporate bonds.
* **Term Segment:** Volume: ₹17,466.24 Crore, Weighted Average Rate: 5.56%, Range: 4.85-5.65%. Includes notice money, term money, triparty repo, market repo, and repo in corporate bonds.
* **RBI Operations (Today's Operations):**
* **MSF:** Auction Date Fri, 28/11/2025 - Maturity dates Sat, 29/11/2025 to Mon, 01/12/2025 - Amounts ₹394 Crore to ₹1,750 Crore - Rate: 5.75%.
* **SDFA:** Auction Date Fri, 28/11/2025 - Maturity dates Sat, 29/11/2025 to Mon, 01/12/2025 - Amounts ₹1,82,545 Crore to ₹3,806 Crore - Rate: 5.25%.
* **Net liquidity injected from today's operations:** ₹-1,84,207.00 Crore (absorption).
* **RBI Operations (Outstanding Operations):**
* **Standing Liquidity Facility (SLF) Availed from RBI:** ₹9,637.36 Crore.
* **Net liquidity injected from outstanding operations:** ₹9,637.36 Crore.
* **Net liquidity injected (outstanding including today's operations):** ₹-1,74,569.64 Crore (absorption).
* **Reserve Position:**
* **Cash balances with RBI as on November 28, 2025:** ₹7,84,401.34 Crore.
* **Average daily cash reserve requirement for the fortnight ending November 28, 2025:** ₹8,06,057.00 Crore.
**Impact Analysis**
**Stakeholders**
Scheduled Commercial Banks
**Impact**
The details in the document affect liquidity management decisions. They can use the information on weighted average rates and volume data to manage funds.
**Action Required**
Banks may need to adjust their liquidity positions based on the information provided on net liquidity injected and rates.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank responsible for monetary policy and regulation of the Indian financial system; the primary subject of this press release.
Liquidity Adjustment Facility (LAF): A tool used by the RBI to manage liquidity in the money market.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow overnight funds from the RBI against their government securities portfolio.
Standing Deposit Facility (SDF): A tool that allows RBI to absorb liquidity from the money market without any collateral.
Money Market: Deals with short-term loans. RBI uses this to provide liquidity.
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
December 01, 2025
Money Market Operations as on November 28, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 14,744.59 5.41 4.75-5.80
I. Call Money 1,860.00 5.21 4.75-5.60
II. Triparty Repo 8,879.35 5.40 5.00-5.68
III. Market Repo 349.74 5.44 5.25-5.50
IV. Repo in Corporate Bond 3,655.50 5.53 5.46-5.80
B. Term Segment
I. Notice Money** 17,466.24 5.56 4.85-5.65
II. Term Money@@ 969.00 - 5.65-6.05
III. Triparty Repo 4,32,395.05 5.41 5.15-5.60
IV. Market Repo 2,15,254.78 5.48 0.01-5.75
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# Fri, 28/11/2025 1 Sat, 29/11/2025 394.00 5.75
Fri, 28/11/2025 2 Sun, 30/11/2025 0.00 5.75
Fri, 28/11/2025 3 Mon, 01/12/2025 1,750.00 5.75
4. SDFΔ# Fri, 28/11/2025 1 Sat, 29/11/2025 1,82,545.00 5.25
Fri, 28/11/2025 2 Sun, 30/11/2025 0.00 5.25
Fri, 28/11/2025 3 Mon, 01/12/2025 3,806.00 5.25
5. Net liquidity injected from today's
-1,84,207.00
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$ 9,637.36
E. Net liquidity injected from outstanding operations [injection
9,637.36
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-1,74,569.64
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on November 28, 2025 7,84,401.34
(ii) Average daily cash reserve requirement for the fortnight ending November 28, 2025 8,06,057.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ November 28, 2025 0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on November 14, 2025 3,61,346.00
@ 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: 2025-2026/1592 Deputy General Manager
(Communications)