**Executive Summary**
This press release from the Reserve Bank of India (RBI), dated October 27, 2025, details money market operations as of October 24, 2025. It provides data on overnight and term segments, RBI operations, and the cash reserve position of scheduled commercial banks. There are no explicit action items or deadlines mentioned.
**Key Points / Main Content**
* **Money Markets (October 24, 2025):**
* **Overnight Segment:** Total volume ₹6,58,514.11 crore, weighted average rate 5.52%, range 4.85-6.50%.
* Call Money: Volume ₹18,730.15 crore, weighted average rate 5.58%, range 4.85-6.00%.
* Triparty Repo: Volume ₹4,29,330.50 crore, weighted average rate 5.52%, range 5.35-5.85%.
* Market Repo: Volume ₹2,06,905.91 crore, weighted average rate 5.50%, range 5.00-6.00%.
* Repo in Corporate Bond: Volume ₹3,547.55 crore, weighted average rate 5.64%, range 5.54-6.50%.
* **Term Segment:**
* Notice Money: Volume ₹256.40 crore, rate 5.38%, range 4.95-5.45%.
* Term Money: Volume ₹930.00 crore, range 5.40-6.05%.
* Triparty Repo: Volume ₹4,535.50 crore, rate 5.70%, range 5.60-5.76%.
* Market Repo: Volume ₹96.66 crore, rate 5.80%, range 5.80-5.80%.
* Repo in Corporate Bond: Volume ₹0.00 crore.
* **RBI Operations:**
* **Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF) - Today's Operations (October 24, 2025):**
* Variable Rate Repo Operation (3 days tenor): ₹30,750.00 crore, Maturity Date October 27, 2025, rate 5.51%.
* MSF (1 day tenor): ₹6,603.00 crore, Maturity Date October 25, 2025, rate 5.75%.
* MSF (2 day tenor): ₹0.00 crore, Maturity Date October 26, 2025, rate 5.75%.
* MSF (3 day tenor): ₹423.00 crore, Maturity Date October 27, 2025, rate 5.75%.
* SDF (1 day tenor): ₹75,507.00 crore, Maturity Date October 25, 2025, rate 5.25%.
* SDF (2 day tenor): ₹65.00 crore, Maturity Date October 26, 2025, rate 5.25%.
* SDF (3 day tenor): ₹4,327.00 crore, Maturity Date October 27, 2025, rate 5.25%.
* Net liquidity injected from today's operations: ₹-42,123.00 crore.
* **Standing Liquidity Facility (SLF) Availed from RBI:** ₹11,057.79 crore.
* **Net liquidity injected from outstanding operations:** ₹11,057.79 crore.
* **Net liquidity injected (outstanding including today's operations):** ₹-31,065.21 crore.
* **Reserve Position:**
* **Cash Reserves Position of Scheduled Commercial Banks (October 24, 2025):**
* Cash balances with RBI: ₹8,29,657.19 crore.
* Average daily cash reserve requirement for the fortnight ending October 31, 2025: ₹8,64,207.00 crore.
* **Government of India Surplus Cash Balance:** (October 24, 2025) ₹30,750.00 crore.
* **Net durable liquidity:** (October 03, 2025) ₹3,85,602.00 crore.
**Impact Analysis**
**Scheduled Commercial Banks:**
* **Impact:** The data on cash reserve positions and liquidity conditions provides these banks with insights into the overall financial environment, which can inform their lending and investment strategies.
* **Action Required:** Banks may need to adjust their liquidity management and lending rates based on the RBI's operations and the prevailing market rates.
**Financial Institutions and Investors:**
* **Impact:** This information is relevant for understanding the liquidity and interest rate environment, which impacts investment decisions and portfolio management.
* **Action Required:** Investors can use this data to make informed decisions about fixed-income investments and overall market positioning.
**RBI:**
* **Impact:** This document acts as a record and communication tool regarding the central bank’s market operations and liquidity management.
* **Action Required:** Continuously monitor and adjust monetary policy based on these market dynamics and liquidity conditions.
Key Entities Referenced
Reserve Bank of India (RBI): Central bank of India; the primary subject reporting on money market operations.
Liquidity Adjustment Facility (LAF): A key tool used by RBI to manage liquidity in the money market.
Marginal Standing Facility (MSF): A facility under which scheduled commercial banks can borrow overnight funds from the RBI.
Standing Deposit Facility (SDF): A tool that allows the RBI to absorb liquidity from the banks without any collateral.
Scheduled Commercial Banks: Banks included in the Second Schedule to the Reserve Bank of India Act, 1934, and are subject to the cash reserve requirements.
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 27, 2025
Money Market Operations as on October 24, 2025
(Amount in ₹ Crore, Rate in Per cent)
MONEY MARKETS@ Volume Weighted Range
(One Leg) Average Rate
A. Overnight Segment (I+II+III+IV) 6,58,514.11 5.52 4.85-6.50
I. Call Money 18,730.15 5.58 4.85-6.00
II. Triparty Repo 4,29,330.50 5.52 5.35-5.85
III. Market Repo 2,06,905.91 5.50 5.00-6.00
IV. Repo in Corporate Bond 3,547.55 5.64 5.54-6.50
B. Term Segment
I. Notice Money** 256.40 5.38 4.95-5.45
II. Term Money@@ 930.00 - 5.40-6.05
III. Triparty Repo 4,535.50 5.70 5.60-5.76
IV. Market Repo 96.66 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&
(a) Repo Operation Fri, 24/10/2025 3 Mon, 27/10/2025 30,750.00 5.51
(b) Reverse Repo Operation
3. MSF# Fri, 24/10/2025 1 Sat, 25/10/2025 6,603.00 5.75
Fri, 24/10/2025 2 Sun, 26/10/2025 0.00 5.75
Fri, 24/10/2025 3 Mon, 27/10/2025 423.00 5.75
4. SDFΔ# Fri, 24/10/2025 1 Sat, 25/10/2025 75,507.00 5.25
Fri, 24/10/2025 2 Sun, 26/10/2025 65.00 5.25
Fri, 24/10/2025 3 Mon, 27/10/2025 4,327.00 5.25
5. Net liquidity injected from today's
-42,123.00
operations [injection (+)/absorption (-)]*
II Outstanding Operations
1. Fixed Rate
2. Variable Rate&
(a) Repo Operation
(b) Reverse Repo Operation
3. MSF#
4. SDFΔ#
D. Standing Liquidity Facility (SLF) Availed from RBI$ 11,057.79
E. Net liquidity injected from outstanding operations [injection
11,057.79
(+)/absorption (-)]*
F. Net liquidity injected (outstanding including today's
-31,065.21
operations) [injection (+)/absorption (-)]*2
RESERVE POSITION@ Date Amount
G. Cash Reserves Position of Scheduled Commercial Banks
(i) Cash balances with RBI as on October 24, 2025 8,29,657.19
(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 24, 2025 30,750.00
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: 2025-2026/1380 Deputy General Manager
(Communications)