**Executive Summary**
This press release from the Reserve Bank of India, dated October 06, 2025, reports on the money market operations and reserve positions as of October 05, 2025. It details operations under the Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF), as well as the cash reserve positions of scheduled commercial banks.
**Key Points / Main Content**
* **Money Market Operations (October 05, 2025):**
* Overall volume in overnight and term segments was 0.00.
* **RBI Operations - Today's Operations:**
* Under Variable Rate MSF, 157.00 Crore at 5.75% and Under Variable Rate SDFA, 1,60,593.00 Crore at 5.25%.
* Net liquidity absorbed from today's operations: -1,60,436.00 Crore.
* **RBI Operations - Outstanding Operations:**
* MSF on Sat, 04/10/2025 (2 days tenor): 277.00 Crore at 5.75%.
* MSF on Fri, 03/10/2025 (3 days tenor): 900.00 Crore at 5.75%.
* SDFA on Sat, 04/10/2025 (2 days tenor): 22,605.00 Crore at 5.25%.
* SDFA on Fri, 03/10/2025 (3 days tenor): 3,293.00 Crore at 5.25%.
* Net liquidity absorbed from outstanding operations: -14,192.48 Crore.
* **Liquidity:**
* Standing Liquidity Facility (SLF) Availed from RBI: 10,528.52 Crore.
* Net liquidity absorbed (outstanding including today's operations): -1,74,628.48 Crore.
* **Reserve Position of Scheduled Commercial Banks:**
* Cash balances with RBI as on October 05, 2025: 9,14,733.17 Crore.
* Average daily cash reserve requirement for the fortnight ending October 17, 2025: 8,46,979.00 Crore.
* Government of India Surplus Cash Balance Reckoned for Auction as on October 03, 2025: 0.00 Crore.
* Net durable liquidity [surplus (+)/deficit (-)] as on September 19, 2025: 5,21,855.00 Crore.
**Impact Analysis**
**Scheduled Commercial Banks**
* **Impact:** Their cash reserve requirements and actual balances are monitored and reported.
* **Action Required:** Banks must maintain the required cash reserve ratio with the RBI.
**Government of India**
* **Impact:** The surplus cash balance is tracked and reported.
* **Action Required:** No specific action is listed, but the government's cash position is relevant for fiscal planning.
**Money Markets Participants**
* **Impact:** This document provides data on market operations including LAF, MSF and SDF.
* **Action Required:** Participants in the money markets may use this information to inform their trading strategy.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank responsible for monetary policy and regulation of the banking system; conducts liquidity management operations.
Liquidity Adjustment Facility (LAF): Monetary policy tool used by the 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 RBI against their SLR portfolio.
Standing Deposit Facility (SDF): A tool used by the RBI to absorb liquidity from the banking system without any collateral.
Repo: Repurchase agreement, a short-term borrowing for dealers in government securities. The dealer sells the government securities to investors and buys them back shortly thereafter, usually the following day, at a slightly higher price.
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
October 06, 2025
Money Market Operations as on October 05, 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&
(I) Main Operation
(a) Repo
(b) Reverse Repo
(II) Fine Tuning Operations
(a) Repo
(b) Reverse Repo
3. MSF# Sun, 05/10/2025 1 Mon, 06/10/2025 157.00 5.75
4. SDFΔ# Sun, 05/10/2025 1 Mon, 06/10/2025 1,60,593.00 5.25
5. Net liquidity injected from today's
-1,60,436.00
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# Sat, 04/10/2025 2 Mon, 06/10/2025 277.00 5.75
Fri, 03/10/2025 3 Mon, 06/10/2025 900.00 5.75
4. SDFΔ# Sat, 04/10/2025 2 Mon, 06/10/2025 22,605.00 5.25
Fri, 03/10/2025 3 Mon, 06/10/2025 3,293.00 5.25
D. Standing Liquidity Facility (SLF) Availed from RBI$ 10,528.52
E. Net liquidity injected from outstanding operations [injection
-14,192.48
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-1,74,628.48
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on October 05, 2025 9,14,733.17
(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: 2025-2026/1252 Deputy General Manager
(Communications)