**Executive Summary**
This press release from the Reserve Bank of India, dated October 13, 2025, reports on money market operations as of October 10, 2025. It details the volumes and rates of various overnight and term segments, RBI operations including Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), Standing Deposit Facility (SDF), and reserve positions of scheduled commercial banks. The next reporting date is October 17, 2025 for the average daily cash reserve requirement.
**Key Points / Main Content**
* **Money Markets:**
* **Overnight Segment:** Total volume of ₹6,49,927.89 Crore with a weighted average rate of 5.49%.
* **Term Segment:** Includes Notice Money, Term Money, Triparty Repo, Market Repo and Repo in Corporate Bond.
* **RBI Operations:**
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) - Today's Operations:**
* Fine Tuning Operations Repo: ₹37,929.00 Crore at 5.51% (auctioned October 10, 2025, maturing October 13, 2025)
* MSF: ₹1,608.00 Crore (1 day), ₹0.00 Crore (2 day), and ₹1,175.00 Crore (3 day) at 5.75% (auctioned October 10, 2025)
* SDF: ₹1,60,047.00 Crore (1 day), ₹65.00 Crore (2 day), and ₹34,813.00 Crore (3 day) at 5.25% (auctioned October 10, 2025)
* Net liquidity absorption of ₹1,54,213.00 Crore.
* **Standing Liquidity Facility (SLF) Availed from RBI:** ₹10,213.98 Crore.
* **Net liquidity injected from outstanding operations:** ₹10,213.98 Crore.
* **Net liquidity injected (outstanding including today's operations):** ₹1,43,999.02 Crore absorption.
* **Reserve Position:**
* Cash balances with RBI as on October 10, 2025: ₹8,39,690.12 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 10, 2025: ₹37,929.00 Crore
* Net durable liquidity as on September 19, 2025: ₹5,21,855.00 Crore deficit.
**Impact Analysis**
**Scheduled Commercial Banks**
**Impact:** Affected by changes in liquidity, interest rates, and reserve requirements.
**Action Required:** Manage cash reserves and adjust lending/borrowing activities based on the reported rates and liquidity conditions.
Key Entities Referenced
RBI: The Reserve Bank of India, the central bank of India, responsible for regulating money markets and overseeing liquidity operations.
Liquidity Adjustment Facility (LAF): A tool used by the RBI to manage liquidity in the money market 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 at a rate higher than the repo rate.
Standing Deposit Facility (SDF): A facility for banks to park excess liquidity with the RBI 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 13, 2025
Money Market Operations as on October 10, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,49,927.89 5.49 0.01-6.60
I. Call Money 18,168.82 5.58 4.75-5.75
II. Triparty Repo 4,04,433.80 5.47 4.85-5.70
III. Market Repo 2,23,416.72 5.51 0.01-5.75
IV. Repo in Corporate Bond 3,908.55 5.77 5.60-6.60
B. Term Segment
I. Notice Money** 151.35 5.42 5.10-5.55
II. Term Money@@ 425.00 - 5.65-5.85
III. Triparty Repo 2,741.00 5.39 5.25-5.70
IV. Market Repo 51.20 5.55 5.55-5.55
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 Fri, 10/10/2025 3 Mon, 13/10/2025 37,929.00 5.51
(b) Reverse Repo
3. MSF# Fri, 10/10/2025 1 Sat, 11/10/2025 1,608.00 5.75
Fri, 10/10/2025 2 Sun, 12/10/2025 0.00 5.75
Fri, 10/10/2025 3 Mon, 13/10/2025 1,175.00 5.75
4. SDFΔ# Fri, 10/10/2025 1 Sat, 11/10/2025 1,60,047.00 5.25
Fri, 10/10/2025 2 Sun, 12/10/2025 65.00 5.25
Fri, 10/10/2025 3 Mon, 13/10/2025 34,813.00 5.25
5. Net liquidity injected from today's
-1,54,213.00
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$ 10,213.98
E. Net liquidity injected from outstanding operations [injection
10,213.98
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-1,43,999.02
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on October 10, 2025 8,39,690.12
(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 10, 2025 37,929.00
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: 2025-2026/1296 Deputy General Manager
(Communications)