**Executive Summary**
This document is a press release from the Reserve Bank of India (RBI), dated December 1, 2025, providing details on the money market operations as of November 30, 2025. It includes information on overnight and term segment transactions, RBI operations (LAF, MSF, SDF), standing liquidity facility, and cash reserve positions of scheduled commercial banks.
**Key Points / Main Content**
* **Money Markets (November 30, 2025)**
* **Overnight Segment:** The volume is 0.00 for Call Money, Triparty Repo, Market Repo and Repo in Corporate Bond.
* **Term Segment:** The volume is 0.00 for Notice Money, Term Money, Triparty Repo, Market Repo and Repo in Corporate Bond.
* **RBI Operations (Today's Operations)**
* **MSF:** Auction Date Sun, 30/11/2025, Tenor 1 day, Maturity Date Mon, 01/12/2025, Amount 307.00, Rate 5.75
* **SDF:** Auction Date Sun, 30/11/2025, Tenor 1 day, Maturity Date Mon, 01/12/2025, Amount 1,35,576.00, Rate 5.25
* **Net liquidity injected from today's operations [injection (+)/absorption (-)]:** -1,35,269.00
* **RBI Operations (Outstanding Operations)**
* **MSF:**
* Auction Date Sat, 29/11/2025, Tenor 2 days, Maturity Date Mon, 01/12/2025, Amount 29.00, Rate 5.75
* Auction Date Fri, 28/11/2025, Tenor 3 days, Maturity Date Mon, 01/12/2025, Amount 1,750.00, Rate 5.75
* **SDF:**
* Auction Date Sat, 29/11/2025, Tenor 2 days, Maturity Date Mon, 01/12/2025, Amount 17,770.00, Rate 5.25
* Auction Date Fri, 28/11/2025, Tenor 3 days, Maturity Date Mon, 01/12/2025, Amount 3,806.00, Rate 5.25
* **Standing Liquidity Facility (SLF) Availed from RBI:** 9,637.36
* **Net liquidity injected from outstanding operations [injection (+)/absorption (-)]:** -10,159.64
* **Net liquidity injected (outstanding including today's operations) [injection (+)/absorption (-)]:** -1,45,428.64
* **Reserve Position of Scheduled Commercial Banks (November 30, 2025)**
* Cash balances with RBI: 8,32,086.02
* Average daily cash reserve requirement for the fortnight ending December 12, 2025: 7,39,862.00
* Government of India Surplus Cash Balance Reckoned for Auction as on November 28, 2025: 0.00
* Net durable liquidity [surplus (+)/deficit (-)] as on November 14, 2025: 3,61,346.00
**Impact Analysis**
**Scheduled Commercial Banks**
* **Impact:** Banks are affected by the liquidity conditions and rates set by the RBI, as well as the reserve requirements they need to maintain.
* **Action Required:** Banks must manage their liquidity and reserves to comply with RBI regulations, and factor in the rate changes and liquidity injections/absorptions in their financial planning.
Key Entities Referenced
Liquidity Adjustment Facility (LAF): A monetary policy instrument used by the Reserve Bank of India (RBI) 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 overnight funds from the Reserve Bank of India (RBI) at a penal interest rate against their government securities portfolio.
Standing Deposit Facility (SDF): A facility that allows the Reserve Bank of India (RBI) to absorb liquidity from commercial banks without any collateral.
Reserve Bank of India (RBI): The central bank of India, responsible for formulating and implementing monetary policy, regulating and supervising the financial system, and managing the country's foreign exchange reserves.
Standing Liquidity Facility (SLF): A liquidity support facility extended by the RBI to select financial institutions.
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 30, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 0.00 - -
I. Call Money 0.00 - -
II. Triparty Repo 0.00 - -
III. Market Repo 0.00 - -
IV. Repo in Corporate Bond 0.00 - -
B. Term Segment
I. Notice Money** 0.00 - -
II. Term Money@@ 0.00 - -
III. Triparty Repo 0.00 - -
IV. Market Repo 0.00 - -
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# Sun, 30/11/2025 1 Mon, 01/12/2025 307.00 5.75
4. SDFΔ# Sun, 30/11/2025 1 Mon, 01/12/2025 1,35,576.00 5.25
5. Net liquidity injected from today's
-1,35,269.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(a) Repo Operation
(b) Reverse Repo Operation
3. MSF# Sat, 29/11/2025 2 Mon, 01/12/2025 29.00 5.75
Fri, 28/11/2025 3 Mon, 01/12/2025 1,750.00 5.75
4. SDFΔ# Sat, 29/11/2025 2 Mon, 01/12/2025 17,770.00 5.25
Fri, 28/11/2025 3 Mon, 01/12/2025 3,806.00 5.25
D. Standing Liquidity Facility (SLF) Availed from RBI$ 9,637.36
E. Net liquidity injected from outstanding operations [injection
-10,159.64
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-1,45,428.64
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on November 30, 2025 8,32,086.02
(ii) Average daily cash reserve requirement for the fortnight ending December 12, 2025 7,39,862.00
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: 2025-2026/1595 Deputy General Manager
(Communications)