**Executive Summary**
This press release, dated October 10, 2025, from the Reserve Bank of India (RBI) reports on the money market operations as of October 9, 2025. It details volumes, weighted average rates, and ranges for various money market segments, as well as RBI operations like the Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF). The next reporting date referenced is October 17, 2025, for the fortnightly cash reserve requirement.
**Key Points / Main Content**
* **Money Markets (October 09, 2025):**
* **Overnight Segment:** Total volume ₹6,49,823.97 Crore, weighted average rate 5.54%, range 4.50-6.50%.
* **Term Segment:** Notice Money, Term Money, Triparty Repo, Market Repo, and Repo in Corporate Bond are detailed with volumes and weighted average rates.
* **RBI Operations (October 09, 2025):**
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) - Today's Operations:** Includes details on Repo, Reverse Repo, MSF and SDF with amounts and rates.
* Net liquidity absorption from today's operations: ₹-1,64,888.00 Crore.
* **Standing Liquidity Facility (SLF) Availed from RBI:** ₹9,037.66 Crore.
* Net liquidity injection from outstanding operations: ₹9,037.66 Crore.
* Net liquidity absorption (outstanding including today's operations): ₹-1,55,850.34 Crore.
* **Cash Reserves Position of Scheduled Commercial Banks:**
* Cash balances with RBI (October 09, 2025): ₹8,19,400.48 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 09, 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:** Banks' liquidity and reserve management are affected by the reported money market rates and available facilities like LAF, MSF, and SDF. They must maintain the required cash balances with the RBI.
* **Action Required:** Banks must monitor the money market rates and RBI's liquidity management operations to optimize their borrowing and lending strategies and to meet the cash reserve requirements.
**RBI**
* **Impact:** Provides insight into the effectiveness of monetary policy and liquidity management.
* **Action Required:** Use the data to fine-tune monetary policy and liquidity management tools to maintain financial stability and achieve economic objectives.
Key Entities Referenced
Reserve Bank of India: Central bank of India, primary regulator of monetary policy and banking sector.
Liquidity Adjustment Facility (LAF): A monetary policy tool used by the 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 RBI against government securities.
Standing Deposit Facility (SDF): A tool that allows the RBI to absorb liquidity from the commercial banks without any collateral.
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 10, 2025
Money Market Operations as on October 09, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,49,823.97 5.54 4.50-6.50
I. Call Money 20,823.46 5.51 4.75-6.00
II. Triparty Repo 3,96,728.25 5.55 5.33-6.05
III. Market Repo 2,28,270.71 5.51 4.50-6.00
IV. Repo in Corporate Bond 4,001.55 5.63 5.50-6.50
B. Term Segment
I. Notice Money** 155.50 5.39 5.05-5.55
II. Term Money@@ 1,392.00 - 5.50-5.80
III. Triparty Repo 4,343.00 5.71 5.40-5.80
IV. Market Repo 52.49 5.80 5.80-5.80
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 Thu, 09/10/2025 1 Fri, 10/10/2025 46,860.00 5.49
3. MSF# Thu, 09/10/2025 1 Fri, 10/10/2025 15,771.00 5.75
4. SDFΔ# Thu, 09/10/2025 1 Fri, 10/10/2025 1,33,799.00 5.25
5. Net liquidity injected from today's
-1,64,888.00
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#
4. SDFΔ#
D. Standing Liquidity Facility (SLF) Availed from RBI$ 9,037.66
E. Net liquidity injected from outstanding operations [injection
9,037.66
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-1,55,850.34
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on October 09, 2025 8,19,400.48
(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 09, 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: 2025-2026/1285 Deputy General Manager
(Communications)