**Executive Summary**
This press release from the Reserve Bank of India (RBI), dated October 14, 2025, provides details of money market operations as of October 13, 2025. It covers overnight and term segments, RBI operations including Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF), and Standing Deposit Facility (SDF). It also includes information on cash reserves position of scheduled commercial banks.
**Key Points / Main Content**
* **Money Markets (October 13, 2025)**
* **Overnight Segment:** Total volume of ₹6,76,329.61 Crore with a weighted average rate of 5.35% (range: 4.75-6.45%).
* Call Money: Volume of ₹19,550.46 Crore, average rate 5.47%.
* Triparty Repo: Volume of ₹4,41,352.00 Crore, average rate 5.32%.
* Market Repo: Volume of ₹2,11,580.60 Crore, average rate 5.40%.
* Repo in Corporate Bond: Volume of ₹3,846.55 Crore, average rate 5.60%.
* **Term Segment:**
* Notice Money: Volume of ₹112.60 Crore, average rate 5.30%.
* Term Money: Volume of ₹815.00 Crore.
* Triparty Repo: Volume of ₹2,316.15 Crore, average rate 5.35%.
* Market Repo: Volume of ₹400.00 Crore, average rate 5.68%.
* Repo in Corporate Bond: Volume of ₹0.00 Crore.
* **RBI Operations (October 13, 2025)**
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) - Today's Operations:**
* MSF: ₹14,585.00 Crore at 5.75% (Auction date: October 13, 2025, Maturity date: October 14, 2025).
* SDF: ₹1,54,542.00 Crore at 5.25% (Auction date: October 13, 2025, Maturity date: October 14, 2025).
* **Net Liquidity Injected:** Net liquidity absorbed from today's operations is ₹-1,39,957.00 Crore.
* **Outstanding Operations:**
* Standing Liquidity Facility (SLF) Availed from RBI: ₹10,213.98 Crore.
* Net liquidity injected from outstanding operations is ₹10,213.98 Crore.
* **Total Liquidity Impact:** Net liquidity absorbed (outstanding including today's operations) is ₹-1,29,743.02 Crore.
* **Reserve Position of Scheduled Commercial Banks**
* Cash balances with RBI as on October 13, 2025: ₹8,29,479.61 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 13, 2025: ₹0.00 Crore.
* Net durable liquidity as on September 19, 2025: ₹5,21,855.00 Crore.
**Impact Analysis**
**Scheduled Commercial Banks**
*Impact*
Banks are affected by the LAF, MSF, and SDF rates, as well as the cash reserve requirements, which influence their liquidity and lending rates.
*Action Required*
Banks need to manage their liquidity positions in accordance with the RBI's policies and guidelines, and adhere to the cash reserve requirements.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank responsible for monetary policy and banking regulation, heavily involved in the money market operations described.
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 government securities.
Standing Deposit Facility (SDF): A tool used by RBI to absorb liquidity from the banking system without any collateral.
Money Market Operations: The short-term lending and borrowing activities between financial institutions that impact liquidity and interest rates.
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 14, 2025
Money Market Operations as on October 13, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,76,329.61 5.35 4.75-6.45
I. Call Money 19,550.46 5.47 4.75-5.60
II. Triparty Repo 4,41,352.00 5.32 4.75-5.45
III. Market Repo 2,11,580.60 5.40 4.99-5.75
IV. Repo in Corporate Bond 3,846.55 5.60 5.50-6.45
B. Term Segment
I. Notice Money** 112.60 5.30 5.05-5.40
II. Term Money@@ 815.00 - 5.80-5.85
III. Triparty Repo 2,316.15 5.35 5.30-5.50
IV. Market Repo 400.00 5.68 5.68-5.68
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# Mon, 13/10/2025 1 Tue, 14/10/2025 14,585.00 5.75
4. SDFΔ# Mon, 13/10/2025 1 Tue, 14/10/2025 1,54,542.00 5.25
5. Net liquidity injected from today's
-1,39,957.00
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
-1,29,743.02
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on October 13, 2025 8,29,479.61
(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 13, 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: 2025-2026/1305 Deputy General Manager
(Communications)