**Executive Summary**
This press release from the Reserve Bank of India, dated October 6, 2025, reports on money market operations as of October 4, 2025. It details the volume, weighted average rates, and range for various money market segments and RBI operations, including the Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF). It also includes the cash reserve position of scheduled commercial banks as of October 4, 2025.
**Key Points / Main Content**
*Money Market Operations (October 04, 2025):*
* **Overnight Segment:** Volume: 12,939.95 Crore, Weighted Average Rate: 5.08%, Range: 4.08-5.29%.
* **Term Segment:** Notice Money: 8.80 Crore, Weighted Average Rate: 5.00%, Range: 5.00-5.00%.
*RBI Operations (October 04, 2025):*
* **MSF:** Auction Date: Sat, 04/10/2025, Tenor: 1 & 2 Days, Maturity Date: Sun, 05/10/2025 & Mon, 06/10/2025, Amount: 36.00 & 277.00 Crore, Current Rate/Cut off Rate: 5.75%.
* **SDF:** Auction Date: Sat, 04/10/2025, Tenor: 1 & 2 Days, Maturity Date: Sun, 05/10/2025 & Mon, 06/10/2025, Amount: 1,56,186.00 & 22,605.00 Crore, Current Rate/Cut off Rate: 5.25%.
* **Outstanding MSF:** Auction Date: Fri, 03/10/2025, Tenor: 2 & 3 Days, Maturity Date: Sun, 05/10/2025 & Mon, 06/10/2025, Amount: 0.00 & 900.00 Crore, Current Rate/Cut off Rate: 5.75%.
* **Outstanding SDF:** Auction Date: Fri, 03/10/2025, Tenor: 2 & 3 Days, Maturity Date: Sun, 05/10/2025 & Mon, 06/10/2025, Amount: 110.00 & 3,293.00 Crore, Current Rate/Cut off Rate: 5.25%.
*Liquidity:*
* **Net liquidity injected from today's operations:** -1,78,478.00 Crore
* **Net liquidity injected from outstanding operations:** 8,025.52 Crore.
* **Net liquidity injected (outstanding including today's operations):** -1,70,452.48 Crore.
*Reserve Position (October 04, 2025):*
* **Cash balances with RBI:** 9,19,589.95 Crore.
**Impact Analysis**
**Scheduled Commercial Banks**
**Impact**
Scheduled Commercial Banks need to be aware of the liquidity conditions in the market and maintain required Cash balances with RBI to meet CRR requirements.
**Action Required**
Monitor liquidity adjustments, manage cash reserves to meet the Average daily cash reserve requirement for the fortnight ending October 17, 2025, which is 8,46,979.00 Crore.
Key Entities Referenced
Liquidity Adjustment Facility (LAF): A monetary policy tool used by the Reserve Bank of India (RBI) to manage liquidity in the banking system.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow overnight funds from the Reserve Bank of India (RBI) against their excess statutory liquidity ratio (SLR) holdings.
Standing Deposit Facility (SDF): A monetary policy tool used by the Reserve Bank of India (RBI) to absorb excess liquidity from the banking system without any collateral.
Reserve Bank of India (RBI): The central bank of India, responsible for regulating the money market and implementing monetary policy.
Money Market: The market for short-term debt instruments, used to manage liquidity.
प्रेस प्रकाशनी PRESS RELEASE
भारतीय ररज़र्व ब ैंक
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
October 06, 2025
Money Market Operations as on October 04, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 12,939.95 5.08 4.08-5.29
I. Call Money 1,542.85 5.02 4.75-5.24
II. Triparty Repo 11,187.00 5.10 4.25-5.29
III. Market Repo 210.10 4.21 4.08-4.35
IV. Repo in Corporate Bond 0.00 - -
B. Term Segment
I. Notice Money** 8.80 5.00 5.00-5.00
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&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSF# Sat, 04/10/2025 1 Sun, 05/10/2025 36.00 5.75
Sat, 04/10/2025 2 Mon, 06/10/2025 277.00 5.75
4. SDFΔ# Sat, 04/10/2025 1 Sun, 05/10/2025 1,56,186.00 5.25
Sat, 04/10/2025 2 Mon, 06/10/2025 22,605.00 5.25
5. Net liquidity injected from today's
-1,78,478.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSF# Fri, 03/10/2025 2 Sun, 05/10/2025 0.00 5.75
Fri, 03/10/2025 3 Mon, 06/10/2025 900.00 5.75
4. SDFΔ# Fri, 03/10/2025 2 Sun, 05/10/2025 110.00 5.25
Fri, 03/10/2025 3 Mon, 06/10/2025 3,293.00 5.25
D. Standing Liquidity Facility (SLF) Availed from RBI$ 10,528.522
E. Net liquidity injected from outstanding operations [injection
8,025.52
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-1,70,452.48
operations) [injection (+)/absorption (-)]*
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on October 04, 2025 9,19,589.95
(ii) Average daily cash reserve requirement for the fortnight ending October 17, 2025 8,46,979.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ October 03, 2025 0.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on September 19, 2025 5,21,855.00
@ 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. 2019-2020/1900 dated February 06, 2020.
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: 2025-2026/1251 Deputy General Manager
(Communications)