**Executive Summary**
This press release from the Reserve Bank of India (RBI), dated October 20, 2025, provides details on money market and RBI operations as of October 19, 2025. It covers overnight and term segment activities, liquidity adjustment facilities, and the cash reserve position of scheduled commercial banks. The report also highlights net liquidity injected or absorbed through various RBI operations.
**Key Points / Main Content**
* **Money Markets Operations (October 19, 2025)**
* Overnight and term segment activities in call money, triparty repo, market repo, and repo in corporate bonds are reported as 0.00 volume.
* **RBI Operations (Today's Operations)**
* Reverse Repo Operation: ₹5,942.00 Crore at 5.75%
* SDF (Standing Deposit Facility): ₹61,891.00 Crore at 5.25%
* Net liquidity absorbed from operations: ₹55,949.00 Crore
* **RBI Operations (Outstanding Operations)**
* Repo Operation: ₹2,750.00 Crore at 5.51%
* MSF (Marginal Standing Facility): ₹450.00 Crore at 5.75% & ₹540.00 Crore at 5.75%
* SDF (Standing Deposit Facility): ₹3,008.00 Crore at 5.25% & ₹2,287.00 Crore at 5.25%
* Standing Liquidity Facility (SLF) Availed from RBI: ₹11,057.79 Crore
* Net liquidity injected from outstanding operations: ₹9,502.79 Crore
* Net liquidity injected (outstanding including today's operations): ₹-46,446.21 Crore
* **Reserve Position**
* Cash balances with RBI as on October 19, 2025: ₹8,66,123.95 Crore
* Average daily cash reserve requirement for the fortnight ending October 31, 2025: ₹8,64,207.00 Crore
* Government of India Surplus Cash Balance Reckoned for Auction as on October 17, 2025: ₹2,750.00 Crore
* Net durable liquidity [surplus (+)/deficit (-)] as on October 03, 2025: ₹3,85,602.00 Crore
**Impact Analysis**
**Scheduled Commercial Banks**
* **Impact:** Details of cash reserve requirements with RBI and impact of liquidity operations on their reserves.
* **Action Required:** Monitor reserve positions and manage liquidity based on the reported figures and RBI's operations.
Key Entities Referenced
Reserve Bank of India: Central bank responsible for monetary policy and banking regulation.
Money Market: Financial market where short-term debt instruments are traded.
Liquidity Adjustment Facility (LAF): RBI's tool to manage banking system liquidity through repo and reverse repo operations.
Marginal Standing Facility (MSF): RBI's facility for banks to borrow overnight funds at a penal rate when LAF is exhausted.
Standing Deposit Facility (SDF): Tool to absorb liquidity from the banking system without 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 20, 2025
Money Market Operations as on October 19, 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&
(a) Repo Operation
(b) Reverse Repo Operation
3. MSF# Sun, 19/10/2025 1 Mon, 20/10/2025 5,942.00 5.75
4. SDFΔ# Sun, 19/10/2025 1 Mon, 20/10/2025 61,891.00 5.25
5. Net liquidity injected from today's
-55,949.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(a) Repo Operation Fri, 17/10/2025 3 Mon, 20/10/2025 2,750.00 5.51
(b) Reverse Repo Operation
3. MSF# Sat, 18/10/2025 2 Mon, 20/10/2025 450.00 5.75
Fri, 17/10/2025 3 Mon, 20/10/2025 540.00 5.75
4. SDFΔ# Sat, 18/10/2025 2 Mon, 20/10/2025 3,008.00 5.25
Fri, 17/10/2025 3 Mon, 20/10/2025 2,287.00 5.25
D. Standing Liquidity Facility (SLF) Availed from RBI$ 11,057.79
E. Net liquidity injected from outstanding operations [injection
9,502.79
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-46,446.21
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on October 19, 2025 8,66,123.95
(ii) Average daily cash reserve requirement for the fortnight ending October 31, 2025 8,64,207.00
H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ October 17, 2025 2,750.00
I. Net durable liquidity [surplus (+)/deficit (-)] as on October 03, 2025 3,85,602.00
@ 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. 2025-2026/1201 dated September 30, 2025.
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: 2025-2026/1348 Deputy General Manager
(Communications)